Although many manufacturers won't even know how successful their year has been until after the Christmas shopping season ends, some economic forecasters are already moving on from 2014 and have set their sights on projecting what kind of a year 2015 will be. According to a recent study conducted by consulting firm Deloitte, the new year should also be a happy one, as 88% of the senior executives polled believe the U.S. economy will grow in 2015. Only 4% of respondents fear a recession. Much of that growth will be powered by an increase in corporate capital investments. Another major driver of economic growth will be the manufacturing sector, which should increase in strength in 2015 (see chart).
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