Dan's Biz Bookshelf: 'Revenge of the Tipping Point'
Marcy's Musings: Engineering Economics
Punching Out: Should You Sell Your Company to a Private Equity Firm?
IPC: Global Economic Recovery is Picking Up Speed, but Risks Remain
April 28, 2021 | IPCEstimated reading time: Less than a minute
The global economic recovery is picking up speed, but there remain risks. The global economy should grow roughly 5 percent in 2021, driven by growth in the United States and China. The world’s two largest economies are seeing accelerated growth. The United States should see first quarter growth eclipse 6 percent (seasonally adjusted annual rate), led by additional fiscal stimulus and the broad lifting of COVID-related restrictions. Monetary policy remains accommodative, which should help to further growth. Finally, consumer and business confidence is roaring back, as vaccination rates increase and consumers appear anxious to spend. The United States is set to grow 6.3 percent during the year.
In this month’s economic outlook report from IPC, you will find U.S. and European data on economic growth, employment, Manufacturer’s Sentiment (PMI), manufacturing capacity utilization and end markets for electronics.
Share on:
Suggested Items
Enjoy the Journey: PCB Design Instructor Kris Moyer on His Sustainable Lifestyle
11/19/2024 | Michelle Te, IPC CommunityWhen I contacted IPC design instructor Kris Moyer to discuss his sustainable lifestyle, he responded to my text with a call. "I'm calling you from about 8,000 feet, sitting at the foot of Mammoth Lakes," he told me. “My friends and I are about to get in the pool for the afternoon." Kris can do this because he actually lives full-time in his travel-trailer at this campground. He's now a permanent camper, taking him anywhere the winds blow—and where there's strong internet service—so he can teach his PCB design classes, offer expert interviews, and live off the land.
IPC Celebrates National Apprenticeship Week with a Focus on Electronics Manufacturing Excellence
11/19/2024 | IPCIPC, a leading global electronics industry association and source for industry standards, training and advocacy, is proud to announce its participation in National Apprenticeship Week, scheduled for November 17-23, 2024.
IPC Introduces First Standard for In-Mold Electronics
11/18/2024 | IPCIPC announces the release of IPC-8401, Guidelines for In-Mold Electronics. IPC-8401 addresses in-mold electronics (IME) technology, providing industry consensus on guidelines for manufacturing processes, part structures, material selection, and production test methods to integrate printed electronics and components into 3D smart structures.
Virginia is for (PCB) Lovers: Weidmuller USA Celebrating 50 Years in Virginia
11/18/2024 | Linda Stepanich, IPCThe Weidmuller Group, a provider of Smart Industrial Connectivity products and solutions, is a family-owned company founded in 1850 in Germany. It currently operates sites in more than 80 countries. Weidmuller USA, based in Richmond, Virginia, and celebrating 50 years in 2025, plans to open an engineering and production facility this fall, bringing more jobs to the region.
Disruptive Innovation and Generative AI Inventor, Kevin Surace, to Keynote IPC APEX EXPO 2025
11/15/2024 | IPCEach year, IPC APEX EXPO features industry’s most dynamic, innovative minds to deliver keynote presentations that are both educational and entertaining. IPC APEX EXPO 2025 will feature Kevin Surace, an internationally renowned futurist and generative artificial intelligence (AI) innovator.