Tag: Terry Smagh
Key trends expected for the manufacturing sector in 2024
The manufacturing sector outlook for 2024 remains cautious amidst several challenges. Fiscal tightening, inflation, and geopolitical instability could undermine growth in 2024, and if favourable economic trends start to unwind, the risk of a downturn looms large.
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Building resilience as manufacturing requirements become more complex
The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.
