economy

February 16, 2026

Manufacturing drives Singapore’s economic growth, but not necessarily its job growth: EIU

According to the Economist Intelligence Unit’s Alex Holmes, recent strength in global trade reflects some front-loading of activity. Yet deeper demand fundamentals persist, suggesting that as this effect unwinds, growth will moderate rather than reverse.

Manufacturing drives Singapore’s economic growth, but not necessarily its job growth: EIU

TL;DR

  • Recent strength in global trade is attributed to some front-loading of activity.
  • Deeper demand fundamentals continue to persist.
  • Growth is expected to moderate rather than reverse as the front-loading effect unwinds.

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