The United States manufacturing sector is poised for growth in 2025 following a prolonged period of contraction, according to the Institute for Supply Management’s (ISM) December 2024 Supply Chain Planning Forecast.
Revenues are expected to rise in 17 of 18 tracked industries, including high-tech and computer manufacturing. ISM’s Chair of Manufacturing Business Surveys, Tim Fiore, expressed optimism for improved business prospects, particularly in the latter half of 2025.
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The sector, which grew consistently for 28 months from June 2020 through September 2022, faced challenges in 2023 due to tariff threats, supply chain disruptions from China, and a skilled labor shortage. Despite these hurdles, 60% of ISM respondents anticipate higher revenues in 2025, forecasting a 4.2% net increase compared to 2024.
While optimism surrounds the anticipated growth, challenges such as rising labor costs and international trade tensions remain significant.
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