NAM Survey Shows Another Drop in Manufacturers’ Optimism

The National Association of Manufacturers (NAM) this week released the results of its Manufacturers’ Outlook Survey for Q3 2019. For the second consecutive quarter, the survey showed a drop in manufacturers’ optimism amid uncertainties, a softening global economy, and worsening workforce shortage. While 68% of manufacturers had a positive outlook for their business in the third quarter, that was down from 79.8% in the second quarter and 89.5% in the first quarter. 9/25/2019