Wednesday, May 1, 2013
If I had an economist on my staff and money were no object, it would be one of the twins at ITR Economics, Alan or Brian Beaulieu. I've heard both brothers speak at Vistage meetings, caught a couple webinars, and listened in to their radio show. I also get an RSS feed of their blog.
The blog entry from Alan yesterday was his forecast on manufacturing. Short and sweet.
While admitting that China has surpassed the U.S. in GDP for manufacturing, Alan forecasts a continuing resurgence in U.S. manufacturing nonetheless.
He notes that manufacturing is at 11.9% of GDP, up from just 11% four years ago.
He's telling his clients to invest in manufacturing.