2022 Manufacturing Industry Outlook
Macro and Industry Trends Look Strong for the Manufacturing Sector
The 2022 manufacturing industry outlook
looks good. Macro-level economic indicators and industry-level trends both point to a strong year ahead and continuing into 2026. Positive Macro Economic Factors
Macroeconomic factors may change, but as of the latest from the
Federal Reserve, they look mostly positive.
Real GDP Growth: Goldman Sachs projects growth between 2% and 3% in each quarter of 2022
Unemployment is expected to continue to decline to as low as 3.5% in 2022
Inflation is expected to persist but moderate to 2.6%
Positive Manufacturing Sector Indicators
9.8% Growth in the Manufacturing Sector in 2021
Recovering global demand for Manufacturing sector products
Rising consumer and business sentiment
Industrial production above pre-pandemic levels
Capacity utilization exceeding past peaks
Revenue for the Manufacturing sector is forecast to continue to grow, with annualized increases of 0.8% through 2026 to reach $6.2 trillion
2022 US Manufacturing Industry Trends: What to Expect
IBISWorld predicts these manufacturing trends in 2022:
Continued reliance on diverse global supply chains with gradual adjustments for improved resiliency
US innovation will drive increased international demand for manufacturing exports
The value of imports is expected to decline over the next 5 years
Sector employment will rise at an annualized 0.8% rate
The number of establishments will also increase
Profits will remain stable amid rising workforce and increased investment in R&D
What are you looking forward to in 2022? Are there specific trends in your industry segment that you’re focused on now?
We’d love to hear your perspective on the 2022 manufacturing industry outlook.
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With over two decades of experience, Parin leads an expert demand-generation agency, StratMg, that helps industrial manufacturing clients achieve unambiguous and quantified organic sales growth across the US, EMEA & APAC.
Parin has built & positioned StratMg to be a value-added marketing services provider that strives to create a culture of quantified sales-driven marketing initiatives leading to sustained business growth through channel management, diversification, new customer acquisition and retention strategies and tactical execution.
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