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Economic Indicators clear

Manufacturing Forecast to Expand in 2021

Manufacturing should expand this year as the sector continues to recover from the COVID-19 pandemic, the Institute for Supply Management said today in a forecast.

Oil, Natural Gas Pipe Demand to Grow 11% Annually Through 2022

Demand for oil and natural gas pipe is forecast to grow 11 percent annually to $15.4 billion in 2022, a strong recovery from severe declines seen during the 2012-2017 period. Growth will be driven by an expected increase in drilling activity as oil prices continue to recover from 2016 lows.