Delivering Results: Key Findings in the Industrial Manufacturing Industry
Key findings in the survey include:
In a recent interview with Quality Magazine, Barry Misthal, global industrial manufacturing leader at PwC, explained the results of the survey and lent some insight about what they mean for manufacturing.
Quality Magazine: Why the low confidence from CEOs about the upcoming economic condition?
Barry Misthal: Industrial manufacturing CEOs seem to be particularly worried about the impact of sovereign debt issues on the global economy. For example, the CEO of a large global equipment manufacturer told us: "What we’re seeing today in Europe-and throughout the United States and many other countries-are the ill effects of nearly 30 years of low interest rates coupled with high government borrowing and deficit spending. Right now we all need to keep an eye on sovereign debt, particularly countries with high debt