Tag Archives: Economic Impact of the Material Handling Industry

Upside Potential for Manufacturing and Growth for Second Half of 2024

Economic Market Analysis BY JASON SCHENKER, PRESIDENT OF PRESTIGE ECONOMICS®, CHAIRMAN OF THE FUTURIST INSTITUTE® Global manufacturing and growth were under significant pressure in 2023 and early 2024. But the prospects for the second half of 2024 are more favorable. Despite elevated interest rates, U.S. and Chinese manufacturing PMIs picked up in late Q1 2024, hinting at more upside ahead ...

Read More »

Economic Impact of Material Handling

MHI recently released, in collaboration with Oxford Economics, a new report, “Handling the US Economy: The Economic Impact of the Material Handling Industry.” This report explores the relationship between material handling and wider economy of the supply chain, finding that “the economic contribution of this industry extends far beyond the locations where [equipment]is manufactured… or designed.” Material handling firms are ...

Read More »