US Economic Expansion To Continue in 2016

Purchasing and supply management executives expect more gains.

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By: TOM BRANNA

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US economic growth will continue in 2016, according to purchasing and supply management executives in their December 2015 Semiannual Economic Forecast. The manufacturing sector is optimistic about growth in 2016, with revenues expected to increase in 16 manufacturing industries, and the non-manufacturing sector predicts that 15 of its industries will post higher revenues. Capital expenditures, a major driver in the US economy, are expected to increase by 1% in the manufacturing sector and by 7.5...

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