Manufacturing Survey Sees More Growth

Tariffs being felt locally For the 39th consecutive quarter, Orange County manufacturers will expand output as they anticipate increased orders, according to a quarterly survey of purchasing managers conducted by Chapman University's A. Gary Anderson Center for Economic Research. Growth in real...

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Bibliographic Details
Published inOrange County Business Journal Vol. 42; no. 4; pp. 1 - 57
Main Author Weitzner, Pete
Format Trade Publication Article
LanguageEnglish
Published Newport Beach CBJ, L. P 28.01.2019
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Summary:Tariffs being felt locally For the 39th consecutive quarter, Orange County manufacturers will expand output as they anticipate increased orders, according to a quarterly survey of purchasing managers conducted by Chapman University's A. Gary Anderson Center for Economic Research. Growth in real gross domestic product for 2018 will slow from about 3.1 %, the best in the past decade, to 2.4% this year, according to the Federal Reserve Bank. Respondents from companies in the electrical equipment and components business cited a slowdown in customer purchases from China, affected by both currency exchange rates and the trade war.
ISSN:1051-7480