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The state of the economy can often dictate how much growth certain industries are experiencing which can influence their business decisions and modernization requirements. January’s state of the economy report from Ultra Consultants, with special focus on the U.S. manufacturing and distribution Industry,  includes recent facts and figures, as well as details about events that have major sway over the economy.

January: Clean Slate in International Markets

The cyclical upswing that is underway since mid-2016 has continued to strengthen. Some 120 economies, accounting for three quarters of world GDP, have seen a pickup in growth in year-on-year terms throughout 2017.

Among advanced economies, growth in the third quarter of 2017 was higher than projected in the fall, notably in Germany,

 

From Industry Week

 

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