More than 60 percent of manufacturers reported that they are in growth mode, according to The Paranet Group’s 2015 mid-year survey. That is down from 73 percent at the end of 2014.
The strong U.S. dollar, a decrease in mining and military contracts, and an increase in exports from Canada and Mexico were cited as reasons for slower growth. Other factors were weak oil pricing and seasonality.
Read more in the BizTimes BizTracker, which tracks local, regional and national economic data.
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