What a difference a year makes……………. Closing out our 2024 chapter brings continued and renewed optimism for the overall domestic Manufacturing sector. The political climate has most certainly shifted as we prepare for a new administration to take the reins in January 2025. For the manufacturing sector, this is likely to bring more opportunity than risk as we lean into new and renewed opportunities to embrace the value of a strong Manufacturing sector as a foundational aspect of our overall economy. After all, U.S Manufacturing is a $7 Trillion industry.

What a difference a year makes. Closing out our 2022 chapter brings with it a look back at what can only be considered a very interesting year to say the least. At this time last year, the Manufacturing sector was navigating through continued Supply Chain headwinds with respect to material availability and costs, labor availability, and significant challenges in the logistics aspect of the overall manufacturing process. These factors were global in nature and most certainly had a major effect on most domestic manufacturers in some manner.

With the specter of pandemic shutdowns (hopefully) in the rearview mirror, our domestic Manufacturing sector has experienced an ongoing surge in demand and output. It is reassuring to see that the pre-pandemic conditions of strong demand for manufactured products have weathered the storm and created a post pandemic manufacturing economy that shines optimistic.