Monday, December 18, 2017
Manufacturing Optimism Rose to Another All-Time High in the Latest NAM Outlook Survey
At Shopfloor.org, Chad Moutray posted about this one:
"The latest NAM Manufacturers’ Outlook Survey reflected continued optimism in the sector, with the headline index rising to unprecedented heights. Indeed, 94.6 percent of respondents said they are positive about their own company’s outlook, the highest in the survey’s 20-year history.
Optimism has been at historically high levels throughout the year, averaging 91.8 percent in the four quarters of 2017, up from a 64.3 percent average in 2016. Manufacturers have reported a robust turnaround in activity over the past 12 months, and they are very upbeat in their assessment of demand and output moving forward. NAM President and CEO Jay Timmons appeared on CNBC to highlight these results."
