Last year was one to forget for the world’s manufacturers, as industry metrics declined to some of the lowest levels in years.

The state of play: Investors and industry insiders see the sector mounting a comeback in 2020 as the trade war and tariffs are expected to recede, global demand is expected to increase and companies begin to reroute their supply chains.

Why it matters: The sector remains a leading indicator of economic health and was notably hobbled in 2019 by the U.S.-China trade war.

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