Manufacturing Contraction: How Will It Affect Advanced Manufacturing?

摘要

According to the Institute for Supply Management, manufacturing in the US has been contracting for two months. That's the first time since 2009. An ISM number below 50% constitutes a contraction in manufacturing. In August we saw 49.5%, in September, 47.8%. The reports are fanning fears of recession, and most analysts point to tariffs as the problem. What does this contraction mean for the mid-market manufacturers who have been addingadvanced manufacturing tools over the last few years? We caught up with Eskander Yavar, thenational leader of BDO’s Manufacturing & Distribution practice. He explains how the downturn inmanufacturing will aect manufacturers as they toward Industry 4.0.