Moderate revenue growth expected for manufacturing in 2013
PwC Manufacturing Barometer illustrates the confidence and caution in manufacturers' hiring and investment plans.
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U.S. industrial manufacturing executives remain confident about their ability to guide their companies through global and domestic challenges, according to the Q3 2013 Manufacturing Barometer, released by PwC US.
Commenting on the report, Bobby Bono, U.S. industrial manufacturing leader for PwC, said the atmosphere of uncertainty is influencing executives’ approach to capital investment and hiring. And although hiring predictions are strong, many companies expressed difficulty finding appropriately qualified middle managers and skilled workers. That said, an impressive 82% of executives anticipate revenue growth in the coming year, reflecting their confidence amid economic, regulatory and legislative challenges.
About the AuthorJosh Bond Josh Bond is Senior Editor for Modern, and was formerly Modern’s lift truck columnist and associate editor. He has a degree in Journalism from Keene State College and has studied business management at Franklin Pierce University.
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