RSM Manufacturing Index Shows Continued Optimism

According to OMA Connections Partner RSM and its U.S. Manufacturing Outlook Index, July marks the twelfth consecutive month of strong confidence in the manufacturing sector, with sentiment now reaching more than two standard deviations above what would be considered normal.

RSM writes: “Should vaccinations overcome the latest surge in COVID-19 cases, we expect these high levels of manufacturing confidence to be sustained, with the potential that stimulus spending and technology investment will provide the basis for further manufacturing gains.” 7/28/2021