November 2021 - Manufacturing Sector Review
It is often said that the only thing that is constant is change. That could not be truer as we look back at the evolution of circumstances in the Manufacturing sector over the past 24 months. Recall back to October 2019 and the prospects for continued strength for manufacturing as we headed into 2020. Enter, the global pandemic and its stranglehold on every aspect of our lives. But by 3Q 2020, we were beginning to see indications of a return to some sense of normalcy, or some version of a new normal. There was a growing sense of optimism as to getting back to work and getting things back on track to resume a robust manufacturing outlook. That has certainly played out year to date in 2021, as we have experienced escalating demand for manufactured products.