Nationwide, manufacturers were feeling more cautious about their economic prospects in the second quarter, according to the NAM’s latest Manufacturers’ Outlook Survey. While 79.8% of American manufacturers rated their outlook as positive, that was a drop from 89.5% in the first quarter of 2019. When analyzing specific issues, 68.8% of respondents said workforce was their top concern. On trade, 56.0% reported uncertainty due to the USMCA, U.S.-China trade disputes, the threat of Section 232 auto tariffs, and the tariffs on Mexico, which has since been resolved. 6/25/2019
Survey: Concerns Over Workforce, Trade Affect Manufacturers’ Optimism
06/28/2019