Subscribe to our free, weekly email newsletter!


Moderate revenue growth expected for manufacturing in 2013

PwC Manufacturing Barometer illustrates the confidence and caution in manufacturers' hiring and investment plans.
By Josh Bond, Contributing Editor
October 25, 2013

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.

Click here to read the full story on the Modern Materials Handling website, and click here to view the full report.

About the Author

Josh Bond
Contributing Editor

Josh Bond is a contributing editor to Modern. In addition to working on Modern’s annual Casebook and being a member of the Show Daily team, Josh covers lift trucks for the magazine.


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

A mixed bag may be the most appropriate way to characterize the current state of manufacturing based on the most recent edition of the April edition of the Manufacturing Report on Business issued by the Institute for Supply Management today.

The Department of Transportation’s Federal Railroad Administration and Pipeline and Hazardous Materials Safety Administration (FRA) issued its long-awaited Final Rulemaking for “Enhanced Tank Car Standards and Operational Controls for High-Hazard Flammable Trains.”

U.S. carloads were down 1.6 percent at 278,294 carloads, and intermodal volume was up 5.6 percent at 279,0123 containers and trailers.

Even though the immediate prospects of a long-term federal surface transportation authorization remain dim, various media reports suggest that at least short-term help could be on the way.

For anyone not sold on the ongoing impacts of e-commerce on logistics and supply chain operations, comments by some influential industry executives at the recent National Shippers Strategic Transportation Council (NASSTRAC) Conference and Transportation Expo definitely would help change that train of thought.

Article Topics

News · Global · PwC · Manufacturing · Economy · Labor · All topics

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA