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When that inventory restocking slows, growth will decelerate, he said.
As inventory restocking slows, the future of manufacturing will largely depend on demand from consumers.
Inventory restocking had been unchanged in November after 10 months of increases.
A more potent source of growth may be inventory restocking, economists say.
Healthy gains in sales and inventory restocking should translate into strong orders placed with American factories.
Much of that was from inventory restocking which will not be repeated.
Without question, manufacturers have benefited from improved confidence, a lower pound and inventory restocking.
A lot of the demand for factory orders has come from inventory restocking, which is temporary.
Inventory restocking has been a driver of the recovery from the worst recession in decades.
That's a pretty strong revival, but most of it is due to inventory restocking.
Economists are hoping that the steady gains in sales will prompt a sustained rebound in inventory restocking.
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