Economic Outlook Positive for Medical, Defense Industries

By Lori Beckman, Senior Editor, Production Machining

While attending a U.S. economic outlook presentation at the PMPA Management Update Conference in early March (prior to the effects of the coronavirus outbreak), Production Machining heard an economist from ITR Economics predict an economic downturn in 2022-23. Since then, the country has witnessed the pandemic negatively affect the economy. Because of that, PM was interested in getting an update from the company regarding how COVID-19 has affected its outlook as well as posing other questions concerning promising industry sectors and manufacturing investment strategies. Alex Chausovsky, director of speaking services at ITR Economics, graciously accepted an interview.

(Click here to read his insights on Production Machining)

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