2017 First Quarter Manufacturers' Outlook Survey


Americans appear to be more optimistic about growth in recent months, and manufacturers are no exception. New results from the NAM Manufacturers’ Outlook survey show manufacturers’ optimism rose to a new all-time high in the survey’s nearly 20-year history.

In this latest NAM Manufacturers’ Outlook survey, 93.3 percent of manufacturers are either somewhat or very positive about their own company’s outlook, up from 56.6 percent one year ago and 77.8 percent in December (Figure 1). As a result, the NAM Manufacturers’ Outlook Index also soared to a new high, up from 53.1 in December to 63.7 in this report (Figure 2). It was the second straight quarter where the outlook exceeded its historic average – which would equate to 50 in the index – and there were strong gains in confidence for all firm sizes.

Read More  


Optimism Reaches a 20-Year High

 
“As the survey shows, manufacturers of all sizes are now less concerned about the business climate going forward because they are counting on President Trump to deliver results. Small manufacturers—more than 90 percent of our membership—are among the hardest hit by regulatory obstacles.”


Manufacturers' Agenda is a Priority

 
“Regulatory costs for small manufacturers with fewer than 50 employees total almost $35,000 per employee per year—money that could otherwise go to creating jobs. It’s encouraging to see an administration so focused on providing regulatory relief to spur manufacturing growth.”

 
 

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.

Full PDF Report

  • 09/14/2016
    New Survey Results: Regulations, Health Care Costs Manufacturers’ Top Concerns
    The National Association of Manufacturers (NAM) released the results of its third quarter 2016 Manufacturers’ Outlook Survey, showing concerns over rising health care costs and regulatory compliance top the list of barriers to growth for manufacturers.
  • 06/16/2016
    Survey Says: Manufacturing Outlook Edges Up in Second Quarter
    NAM released the results of its second quarter 2016 Manufacturers’ Outlook Survey, showing an uptick in overall sentiment.
  • 03/09/2016
    NAM Survey: Business Leaders Remain Anxious in First Quarter

    The NAM issued the first quarter results of its 2016 Manufacturers’ Outlook Survey today. The report shows a continued decline in sentiment among manufacturing executives and anxiety over the faltering global business climate.

  • 12/08/2015
    NAM Survey: Economic Outlook Diminishes in Fourth Quarter
    The NAM released its fourth quarter 2015 Manufacturers’ Outlook Survey today, revealing a five-point drop in the NAM Manufacturing Outlook Index and that manufacturers continue to cite an unfavorable business climate as their top business challenge.
  • 09/10/2015
    NAM Survey: Manufacturers Continue to Feel Economic Challenges
    The National Association of Manufacturers’ (NAM) third quarter installment of its 2015 Manufacturers’ Outlook Survey reveals that although two-thirds of manufacturers polled remain positive, economic and policy challenges continue to curb their optimism.
  • 06/10/2015
    New Survey Shows Frustration Among Manufacturers
    The National Association of Manufacturers (NAM) released its updated Manufacturers’ Outlook Survey on Wednesday revealing an expected slowdown in exports, sharply highlighting the need for pro-growth policies like Trade Promotion Authority (TPA) and a long-term reauthorization of the Export-Import (Ex-Im) Bank.