



Economic News from RSM
by Matt Dollard
Contraction in U.S. manufacturing is continuing, with activity reaching a ten-year low in September, as economic and political uncertainty weigh on the industrial sector.
The manufacturing purchasing managers’ index inched down to 52.8 from 53 the previous month, still indicating growth as readings above 48.7 generally show business expansion.
American factory activity declined for the fourth straight month in November as sluggish global growth and continued uncertainty over trade issues took their toll, according a key gauge released Monday by the Institute for Supply Management.
Matt leads the strategy advisory practice with RSM’s management consulting team where he guides clients through enterprise and business unit strategy. This includes the development of financial and non-financial goals, opportunity formation and analysis, business case modeling, and project execution.
In May 2021, Matt Dollard was selected as a senior analyst in RSM’s cutting edge Industry Eminence Program, which positions its senior analysts to understand, forecast and communicate economic, business and technology trends shaping the industries RSM serves. He focuses on the manufacturing industry.