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Intelligence |Economics

Infographic: Recession on the Horizon?

by Christopher Chidzik
Nov 29, 2023

Different recessions have had varied impacts on manufacturing. This infographic will examine machinery orders, manufacturing employment and industrial production over the past few recessions. While most economists no longer see a recession coming in 2024, the manufacturing sector could still see some negative months ahead similar to the situation in 2016. Keeping an eye on machinery orders, manufacturing employment and industrial production could offer valuable insights into the trajectory of the manufacturing sector and the overall economy.

To read the rest of the Economics Issue of MT Magazine, click here.

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Christopher Chidzik
Principal Economist
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