In a widely anticipated move, the Federal Reserve slashed the federal funds rate by another 25 basis points to a target range of 4.5% to 4.75%. The manufacturing technology industry may find itself at the beginning of a strong market.

Today the U.S. Bureau of Economic Analysis released their first estimate of GDP for the third quarter of 2024. According to the first estimate, GDP grew 2.8% at an annualized rate.

Now that IMTS is over and the Fed has cut interest rates, what's next for manufacturers? Find out at MTForecast, Oct. 9-11 in Schaumburg, Illinois. Get the expert insights, market forecasts, and networking opportunities to create a winning business plan.

In a highly anticipated move, Federal Reserve Chair Jerome Powell announced the target rate would be cut 50 basis points, bringing the federal funds rate to a 4.75% to 5% target range.

How will 2024 end with respect to the economy? What will 2025 look like? Will the presidential election affect the outlook?

Today, Fed Chair Jerome Powell gave the most concrete signal yet that interest rate cuts are on the horizon at his Jackson Hole press conference. For manufacturers closely watching the developments and anticipating IMTS 2024, the outlook is promising.

Conference provides economic guidance, networking, and more for manufacturing leaders.

The speakers at AMT’s upcoming Spring Economic Webinar will break down how recent developments on the global stage, including military conflicts, inflation, and more, could impact orders of manufacturing technology and your business. Don't miss it.

At the AMT Winter Economic Forum, economists predicted the upcoming year will feature several opportunities for manufacturers as the economy comes in for a soft landing, including 8% growth in manufacturing technology orders. Is your company ready?

Geopolitical tensions. Recessionary fears. A presidential election. With this much global volatility, it’s more important than ever to get good, reliable market data and insights. Join us for the latest industry forecasts at the 2024 Winter Economic Forum.