Global production decline in 2020?

Results 1 to 3 of 3

Thread: Global production decline in 2020?

  1. #1
    Administrator burs's Avatar
    Join Date
    Apr 2019
    Location
    Germany
    Posts
    159
    Downloads
    2
    Uploads
    0

    Default Global production decline in 2020?

    In the last days I found an interesting article about the future of mechanical engineering. Although it refers to Germany, it is likely to be valid worldwide:

    Here´s a short summary:

    mechanical engineering industry expects production drop!

    A global economic weakness, trade disputes and industrial structural change are weighing on business in mechanical engineering. A rapid upswing is apparently not in sight and the mechanical engineering industry must adjust to considerable burdens.

    The trade dispute between the USA and China and a growing protectionism around the globe have a big impact on this industrial branch which counts among the world‘s export leaders. Other factors include the global economic downturn or the structural change in key customer groups.

    Many countries are victims of the trade dispute between the USA and China because of their close trade relations. Added to this is the continuing uncertainty as to when and how Britain's EU withdrawal will take place. The result is probably a worldwide decline in production.

    More about:
    https://www.vdma.org/en/v2viewer/-/v...ender/41721593


    So, what is your opinion in this case? Do you agree with these estimates of the industry experts? Or do you think that the political and economic problems can be solved soon and it will not be as bad in 2020 as described here?



  2. #2
    zaiyamariya's Avatar
    Join Date
    Feb 2020
    Location
    tgrrehgg
    Posts
    4
    Downloads
    0
    Uploads
    0

    Default

    What about the conclusion of the Global production decline in 2020.that you have been concluded after this. It is a very interesting article about the future of mechanical engineering. Thanks a lot for sharing the article with us.

    Last edited by burs; 02-13-2020 at 09:44 AM.


  3. #3
    Member machinehop5's Avatar
    Join Date
    Aug 2009
    Location
    United States
    Posts
    1564
    Downloads
    5
    Uploads
    2

    Default Re: Global production decline in 2020?

    Quote Originally Posted by zaiyamariya View Post
    What about the conclusion of the Global production decline in 2020.that you have been concluded after this. It is a very interesting article about the future of mechanical engineering. Thanks a lot for sharing the article with us.
    ditto.

    ..new world order.... back to the Future 1980's

    Last edited by burs; 02-13-2020 at 09:44 AM. Reason: school of hard knocks


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


About CNCzone.com

    We are the largest and most active discussion forum for manufacturing industry. The site is 100% free to join and use, so join today!

Follow us on


Our Brands

Global production decline in 2020?

Global production decline in 2020?