Industry Headlines

Manufacturers Optimistic for 2014

PITTSBURGH—Schneider Downs  published the third annual analysis of its Manufacturers’ Economic Survey. The survey was used to assess the challenges faced by manufacturing organizations and to identify growth opportunities within the industry. Schneider Downs issued the survey to manufacturers across the United States, representing a variety of industries, with a distribution of small, medium and large organizations.

Respondents of the survey saw an increase in employment opportunities in 2013 and are hopeful that trend carries into the New Year; however, as uncertainty still surrounds the U.S. economy and the current administration’s fiscal policies, manufacturers remain just cautiously optimistic heading into 2014.

Additionally, respondents are expecting a modest increase in customer demand, much of which is expected to come from overseas. Manufacturers anticipate sales to slightly increase in 2014, largely due to the identification of these new market opportunities. Many respondents also noted that 2013’s results were fiscally better than anticipated. The hope is that momentum will carry into 2014.

While survey results yielded a positive forecast for 2014, increasing health care and energy costs and government regulations still serve as the primary concerns of many manufacturers.

This survey was conducted between October 7, 2013 and November 1, 2013. To view the full analysis and download the results, please visit https://www.schneiderdowns.com/2013-manufacturing-survey-results

Did you enjoy this article? Click here to subscribe to Quality Magazine. 

You must login or register in order to post a comment.

Multimedia

Videos

Podcasts

Karen Spencer, Clinkenbeard's quality manager, discusses what makes the plant stand out, advice for other plants, and looks to the future.
More Podcasts

Quality Magazine

CoverImage

2015 May

The May 2015 edition of Quality Magazine includes articles on cloud technologies, depth gages, ISO 9001, digital inspection and cool new products.

Table Of Contents Subscribe

Topics to Talk About

What topics would you like to see Quality cover more?
View Results Poll Archive

Clear Seas Research

qcast_ClearSeas_logo.gifWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

STAY CONNECTED

Facebook2015_40 twitter_40px.png  youtube_40px.pnglinkedin_40px.png  GooglePlus_40

eNewsletters