Investors’ and consumers’ confidence gain constant progression along with unemployment, factory operating rate, and industrial production activities. All these contribute to “material handling equipment manufacturing” or MHEM in accordance to “Material Handling Industry of America’s” or MHIA most recent forecast which is led by MHIA’s executive consultant, Hal Vandiver. The constructions may it be non-residential or residential will result in a positive growth towards 2012.
The new orders of MHEM increased by 16.3% in 2011; the estimated growth for 2012 is 8.0% to 9.0% and 12.0% in 2013, and a constant increase until 2014.
The shipments of MHEM increased by 17.7% in 2011; the estimated growth for 2012 is 9.0% and 11.0% in 2013 with a constant increase until 2014.
The Domestic Demand of MHEM increased by 19.2% in 2011; the estimated growth for 2012, 2013 until 2014 will constantly go up as well.
In general, though the growth rate of the GDP is anticipated to drop to 1.9 % during the first quarter, from a 3.0% during the fourth when the inventory rebuilding slows, the primary evidence for 2012 is all in all encouraging for the material handling equipment makers.