Manufacturing & Warehouse Distribution equipment, service, rentals & support from Abel Womack, Raymond forklift NE Distributor

Skip to content
  • Online Catalogs
  • Contact
  • Locations
  • Customer Login
  • Cleanrooms & Controlled Environments
  • FANUC Industrial Robots
  • Automated Storage and Retrieval Warehouse Systems
  • Manufacturing Solutions
  • Modular Building Systems
  • Raymond Forklifts
  • Mobile Storage Systems
  • About Us
    • Careers
    • Customer Service Policy
    • Customer Testimonials
    • Discover the Difference
    • Our Locations
    • Management Staff
    • Raymond Solutions & Support Center
  • Forklifts
    • Used Forklifts and Equipment
    • Forklift Rentals and Leases
    • J1-TSV Task Support Vehicle
    • Raymond Basics
    • Power Solutions
  • Parts & Service
    • Equipment Maintenance & Repair
    • Forklift & Conveyor Parts
    • Forklift Safety Training
    • Shop Warehouse Products
    • Tennant Sweepers and Tennant Scrubbers
  • Optimization
    • Fleet and Warehouse Management Solutions
    • Lean Management
    • Labor Management
    • Asset & Maintenance Management
    • Operator Assist Technologies
    • Real Time Location System
  • Robotics
    • Industrial Robots
    • ROBOXX
    • FANUC Robot M-20iA
    • FANUC Robot M-710iC
    • FANUC Robot M-410iB
  • Integrated Systems Solutions
    • Automated Guided Vehicles (AGV)
    • Automated Storage & Retrieval Systems
    • Conveyor Systems and Sortation
    • Deep Lane High Density Pallet Storage
    • Pallet Racking and Shelving
    • Mobile Storage Systems
    • Warehouse Automation and Software
    • Indoor Vertical Growing
    • Modular Building Systems
    • Cleanrooms and Controlled Environments
  • Engineering
    • Automated and Robotic Simulation
    • Facility Design and Layout
    • Project Management
  • Information
    • Blog
    • Case Studies
    • Industry Solutions
    • Videos
    • Media Kit
You are here: Home / News / Warehouse News / MHI Predicts Modest Slowdown in Material Handling Equipment Manufacturing in 2016

MHI Predicts Modest Slowdown in Material Handling Equipment Manufacturing in 2016

After experiencing near historic highs in 2015 for Material Handling Equipment Manufacturing (MHEM), MHI predicts a modest slowdown in U.S. material handling equipment manufacturing in 2016. MHEM orders are expected to be $31.1 billion in 2015, but fall in 2016 by 11.3 percent to 27.6 billion. Domestic Demand is expected to be 30.7 billion in 2015, although it is expected to fall in 2016 by 3.6%. A strong U.S. equity market, low interest rates and continued manufacturing expansion are supportive of continued domestic new orders. However, a strong dollar and expected increases in interest rates are likely to slow growth. In light of sluggish global growth and a relatively strong dollar in 2015, domestic material handling firms may face some challenges in coming quarters. The risk of a broader domestic manufacturing slowdown is high, as is the risk of the slowdown moving to the now-relatively strong service sector. This means that MHEM domestic demand is likely to fall modestly in 2016, although new orders could fall more dramatically due to soft exports and an overall slowdown in U.S. manufacturing. Overseas, the outlook for material handling is likely to improve modestly on the back of stimulative monetary policies, although the strong dollar could prevent a significant increase in U.S. exports that would otherwise capture rising sales in that market. The most important economic data with forward-looking implications for material handling are the ISM Manufacturing Index, the ISM Non-Manufacturing Index and the new MHI Business Activity Index (BAI). The MHI BAI captures changes in material handling business dynamics on a monthly basis including capacity utilization, new orders, shipments, unfilled orders, inventories, exports and future new orders. In light of changing market dynamics, these data releases remain critical for gauging the near-term outlook for the U.S. economy and material handling. The ISM […]

About the Author

Sue Boczenowski is the Marketing Manager for Abel Womack.

  • About Us
  • Industry Solutions
  • Blog
  • Products
  • Corporate News
  • Forklift News
  • Warehouse News
  • Contact
  • Twitter
  • Facebook
  • YouTube
  • Linkedin
Raymond_ASASC_2020

Abel Womack - Discover the Difference - logo
1 International Way
Lawrence, MA 01843
800-554-2887

  • Twitter
  • Facebook
  • YouTube
  • Linkedin
  • Home
  • About Us
  • Forklifts
  • Careers
  • Fleet Management Solutions
  • Professional Design & Engineering Services
  • Parts
  • Service
  • Forklift Training
  • Pre-Owned Forklifts
  • Forklift Rentals
  • Products
  • Contact Us
  • Sitemap
  • Privacy Policy
Offices In
Massachusetts
Connecticut
New York
Maine
New Hampshire
Rhode Island
Vermont

Copyright © 2023 · Abel Womack 2.0 on WordPress