Manufacturers expect slower economic growth this year, while non-manufacturers expect faster growth for the rest of 2012, according to purchasing and supply executives responding to the Institute for Supply Management spring semiannual economic forecast. 

“With 16 out of 18 industries within the manufacturing sector predicting growth in 2012 over 2011, manufacturing continues to demonstrate its strength and resilience in the midst of global economic uncertainty and volatility. Capacity utilization is at historically typical levels and manufacturers are continuing to invest in their businesses.

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