The newest National Association of Manufacturers (NAM) Manufacturers’ Outlook Survey shows a dramatic shift in sentiment, with more than 93% of manufacturers feeling positive about their economic outlook. This is the highest in the survey’s 20-year history, up from 56.6% one year ago and 77.8% in December.
The survey shows not only a positive outlook but also that concerns about the business environment have dropped. When manufacturers were asked to identify top challenges to their business, concerns about the business environment fell to third place. This had previously been respondents’ top concern since the question was added to the survey in 2011.