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Economic Growth To Continue Throughout 2013
Date:4/30/2013

reflects the continuing strength in the sector as 41 percent of respondents expect an average capacity increase of 18.8 percent, 6 percent expect decreases averaging 18.7 percent, and 53 percent expect no change. The 13 industries expecting production capacity increases for 2013 — listed in order — are: Petroleum & Coal Products; Electrical Equipment, Appliances & Components; Food, Beverage & Tobacco Products; Wood Products; Furniture & Related Products; Fabricated Metal Products; Textile Mills; Plastics & Rubber Products; Primary Metals; Miscellaneous Manufacturing; Chemical Products; Paper Products; and Machinery.Manufacturing Production CapacityFor 2012For 2013For 2013Reported

 Dec 2012

Magnitude of

Change

Predicted

Dec 2012

Magnitude of

Change

Predicted 

April 2013

Magnitude of

ChangeHigher

36%

+10.9%

43%

+16.7%

41%

+18.8%Same

46%

NA

52%

NA

53%

NALower

18%

-15.5%

5%

-9.5%

6%

-18.7%Net Average+1.3%+6.8%+6.7%Non-Manufacturing
The capacity to produce products or provide services in the non-manufacturing sector is expected to increase 2.3 percent during 2013. This compares to an increase of 3.2 percent reported for 2012 and a prediction in December 2012 for an increase of 3.4 percent for 2013. For 2013, 25 percent of non-manufacturing respondents expect their capacity to increase by an average of 9.6 percent, and 1 percent of the respondents foresee their capacity decreasing by an average of 7 percent. Seventy-four percent expect no change in their capacity. The 15 industries expecting to add to their production capacity in 2013 — listed in order — are: Accommodation & Food Services; Transportation & Warehousing; Professional, Scientific & Technica
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SOURCE Institute for Supply Management
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