The U.S. manufacturing sector will regain all of the output lost since June 2009 by April 2019, indicates a recent report from the Manufacturers Alliance for Productivity and Innovation (MAPI). A global economic rebound, the passage of U.S. tax reform legislation, and the depreciation of the U.S. dollar are the chief components MAPI identifies as contributing to the best outlook for manufacturing growth in more than a decade.
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