The recovery of global manufacturing will be muted this year, with ongoing semiconductor shortages, rising freight costs and growing worker scarcities continuing to create problems for manufacturers, market intelligence firm Interact Analysis states. In its latest Manufacturing Industry Output Tracker, the organisation forecast global output would hit $41.9-trillion, compared with $39.3-trillion in 2020. The contraction in 2020 was smaller than initially anticipated, Interact Analysis reports.
from Engineering News | Home https://ift.tt/3B9eYde
