Global Industry Forecasts - Quarterly Industry Forecasts - Engineering And Metal Goods
The global outlook for engineering and metal goods output is revised down slightly, to 4.4% and 2.9% gains for 2018 and 2019. Among developed economies the fastest gains will be seen in the US, which continues to benefit from strong business investment, led by renewed spending in extraction and transportation, and supported by the reduction in corporate taxes. India should outpace other emerging markets, with China slowing from 10% growth in 2017 to a forecast 7.1% this year and 3.9% in 2019.
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