There is good and bad news for equity markets and more broadly risky asset classes in 2023. The good news is that central banks will likely be forced to pivot and signal cutting interest rates sometime next year, which should result in a sustained recovery of asset prices and subsequently the economy by the end of 2023.
The manufacturing sector isn’t as prominently in the public eye as industries like tourism and hospitality. Nonetheless, the global pandemic saw the industry endure its most severe disruption in over a decade. Fortunately, a strong recovery is underway — data from the UN Industrial Development Organization indicated a global growth rate of 18.2% in 2022.
As the industry recovers, resilience is the key theme giving rise to the trends that are altering the global manufacturing landscape.
In fact, a poll of over 200 C-suite decision-makers at global manufacturing companies found that 68% listed improved resilience and agility as a top business priority in the coming years.
1. Smart Factories Are Changing How We Make Things
2. Ai, Machine Learning, And Advanced Analytics Drives Efficiencies
3. Predictive Maintenance And Digital Twin Technology Reduce Errors
4. Supply Chain Restructuring Is Changing Where Products Are Made
5. Microfactories Emerge As Commerce Evolves
6. Manufacturers Raise Wages And Reskill Workers To Combat Labor Shortage
7. Dei Initiatives Aim To Recruit Women And Minorities
8. Private Manufacturers And Government Agencies Push Industry Toward Carbon Neutrality
Leave a Reply