Manufacturing Indicators Push Higher in October
The early indications are that the manufacturing sector did much better than expected in October. And if conditions continue to rise, then it is a near certainty that more molds and tooling will be required. This prediction is bolstered by the fact that output of plastics products has grown vigorously during the past year while capacity utilization rates have held steady. If I owned a mold shop, I would plan on improving business conditions in the coming year.