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.
Recent News & Insights
Accounting
In-House vs. Outsourced Controller: Making the Right Financial Decision
Companies today face the constant challenge of effectively and efficiently managing their ...
Human Resources
How to Motivate Gen Z in the Workplace
Generation Z, born between 1997 and 2012, is shaking up the workplace. Their entrance into the ...
Data Analytics
Is Big Data a Big Deal for Small Businesses?
Big data. It’s a term that’s been buzzing around the business world for quite some time now. ...
Market Commentary
How Often Does Large-Growth Outperform? + 4.16.24
U.S. stocks have been on a tear for eighteen months. After reaching a bear market bottom in ...
Let’s get you where you want to go.
We work to simplify complexities, help make critical business decisions, and confidently focus on the things that are truly important to you. We embrace your business as our own to spark the right solutions and help you thrive.