Mfg. Output Picked Up Slightly in June, Plastics Output Strong
Historical analysis suggests that demand for new molds rises sharply when the production of plastics parts expands at a rate of 4% or more for a sustained period of time. Plastics parts output has grown at a rate exceeding 4% for about the past year and a half. So if history is any guide, then moldmakers should soon start to enjoy a noticeable increase in demand for new molds.