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July 18, 2022 | I-Connect007 Editorial TeamEstimated reading time: 1 minute
The likelihood of a recession later this year or next is looking increasingly certain, but it may not be the massive disruption it’s made out to be. While financial analysts are predicting that “the party’s over” for PCB manufacturing, now may actually be the best time to invest.
In the July issue of PCB007 Magazine, we take a look at the squeeze on supply chain dynamics, and how that’s affected production across the globe. Domestic manufacturing just may be poised for a comeback, thanks to post-pandemic effects worldwide and the growing attention from D.C. legislators on the need to onshore production for the greater good of national security.
What will that look like? While it’s not realistic to expect a 100% return to PCB manufacturing in the United States, there is an opportunity here for growth. You’ll likely see—or participate in—consolidation efforts that will strengthen our core. We’re also hopeful to see legislation that will give the U.S. a fighting chance against foreign competition, where some companies are subsidized and seems to have endless resources.
What’s your take on the current situation? Read and share!
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