North American Manufacturing Outlook, 4Q19

North American Manufacturing Outlook, 4Q19

This IDC Perspective examines the shrinking PMI levels for North America and the potential impact that economic uncertainty has on manufacturing IT spend. Segment differences are important to consider, and these variances are looked at in this document."Many that operate in or serve the manufacturing industry are seeing indictors that point to a slowing of economic activity. With an uncertain outlook, purse strings have a tendency to get tighter and manufacturing IT spend is no different. However, spending is still expected to increase and the reason behind this is the beneficial impact that digital initiatives have toward overall performance. It is critical for manufacturers to continue to execute on their DX projects to succeed in a highly competitive environment." — Reid Paquin, research director, IT Priorities and Strategies, IDC Manufacturing Insights

Please Note: Extended description available upon request.