
With hundreds of participants, this survey report contains the expectations and opinions of manufacturing executives in more than 20 states across the county producing a wide variety of products including industrial/machining, transportation/automotive, construction, food and beverage, and other products.
Some results from the survey include:
- 81% of manufacturers expect revenue to increase in 2018.
- Optimism rates have significantly increased for 2018 markets with manufacturers rating their optimism at 69.3% for regional markets, 69.3% for national markets, and 59.4% for world markets.
- The top priority for manufacturers in 2018 is “Growing Sales”, with 72% of respondents expecting sales increases through organic growth in domestic markets, and 44% expecting sales to grow through developing new products and services.
- Labor continues to be a challenge for manufacturers with half of the respondents expecting to increase hiring in 2018.
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