Manufacturing Gains Suggest Expansion for Automation
As U.S. manufacturing recorded the greatest monthly increase so far in 2014, a recent survey involving members of the Control System Integrators Association (CSIA) also points to an upswing in the automation industry.
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As U.S. manufacturing recorded the greatest monthly increase so far in 2014, a recent survey involving members of the Control System Integrators Association (CSIA) also points to an upswing in the automation industry. According to the J.P. Morgan/CSIA System Integrator Survey, the automation industry is experiencing a steady lift entering the second quarter, and end markets such as oil and gas are reporting increased activity.
Survey respondents forecasted growth between 5 and 15 percent in the coming months, suggesting that more companies are turning to control system integrators to drive automation and efficient operations. Combined with low inflation and interest rates, this trend may point to expansion in the control system integration industry.
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