2017 Second Quarter Manufacturers' Outlook Survey


Manufacturers’ record-high optimism reported in the first quarter has carried into the second quarter of this year, marking the highest two-quarter average, of 91.4 percent, for manufacturing optimism in the survey’s 20-year history. In addition, 80 percent of manufacturers say the president’s actions on regulations are headed in the right direction, with more than half of respondents saying those actions will allow them to expand operations, increase investment and add more workers.

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Optimism is High for the Second Consecutive Quarter

 
“These survey results are fueled by the belief that the business climate in the United States is improving and the Trump administration is pursuing more pro-growth policies”


President Trump's Actions on Regs Drive Employment

 
“The administration has moved quickly and aggressively from Day 1 to respond to business and economic growth concerns raised by manufacturers of all sizes, and we’re seeing meaningful results across the industry because of this action.”

Pro-Growth Tax Reform is a Priority

 
“There is still more that can be done to drive further investment, and we hope the administration and Congress make pro-growth tax reform a top priority.”

The NAM Manufacturers’ Outlook Survey is conducted quarterly among the National Association of Manufacturers’ membership of small, medium and large manufacturers. Contact us today to learn more about NAM membership.

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