2017 Third Quarter Manufacturers' Outlook Survey

Manufacturers’ record-high optimism reported in the first two quarters has continued into the third quarter of this year, marking the highest three-quarter average, of 90.87 percent, for manufacturing optimism in the survey’s 20-year history. In addition, a strong majority of both small and large manufacturers surveyed say the the promise of tax reform will spur growth and create jobs.

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Record High Optimism Continues Into Third Quarter

“Manufacturers overwhelmingly agree on the path forward on tax reform, and it is a path that leads to more jobs, higher wages and a stronger economy. Now is the time to think long term and act boldly. Our future depends on it.”

Pro-Growth Tax Reform Will Spur Growth

“There is record-level optimism among manufacturers of all stripes, and it is in no small part because President Trump has delivered on his commitment to put the full weight of the White House behind pro-growth tax reform.”

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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