Industry - Monthly Industry Briefings - Engineering and metal goods
US manufacturers are facing historical price rises in Q1 2022, with growth averaging 10% in January and February, significantly higher than the average for 2010-20 which was only 1.5%. This will undoubtedly cause a strain on profitability going forward unless these rises can be completely absorbed by the consumer. As a result, this is likely to have a negative impact on near-term non-essential capex purchases and possible weaken the already moderating machinery and equipment sector.
- Please Note: Due to the brevity and/or nature of the content posted, there is no table of contents available for this report.
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