Industrial Capacity Numbers Stable, PMI Contracts, Capex Breaks Records
By Dr. Chris Kuehl | August 27, 2024
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The industrial capacity utilization numbers have been very steady—or so it would appear. There is actually more volatility than one would expect given the data. Manufacturers (or any business) have slack capacity for two fundamental reasons. First, demand has fallen off and production has slowed in response. That is usually the motivation for lower capacity […]
About the Author
Dr. Chris Kuehl
Chris is the managing director of Armada Corporate Intelligence. Armada’s mission is to combine the traditions of corporate and competitive intelligence with strategic and tactical planning to provide clients with a clear view of the world they exist in and what they can do to advance their goals. Major clients include YRC Freight, TranSystems, Kansas City Southern Railroad, C-Biz, and others. Chris Kuehl serves as economic analyst for the Fabricators & Manufacturers Association International® (FMA). One of his major roles at FMA is writing an economic e-newsletter titled Fabrinomics®, specifically designed to aid business decision-making by management and shop owners in the metal forming and fabricating industry. Chris also conducts workshops for FMA at major conferences and trade shows.
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