09202018Thu
Last updateWed, 19 Sep 2018 3pm

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Manufacturing & The Economy

Optimism an All-Time High in NAM Survey

In the latest Manufacturers’ Outlook Survey from the National Association of Manufacturers (NAM), it’s clear that businesses continue to experience highly elevated levels of activity as a result of policies like tax reform, with optimism once again breaking records—95.1% of respondents were either somewhat or very positive about their own company’s outlook, the highest rate since the 20- year-old survey was introduced in the fourth quarter of 1997. In general, those completing this survey have been upbeat since the end of 2016, averaging 92.6% positive over the past six quarters. Additionally, the Manufacturing Outlook Index also rose to an all-time high in this report, the seventh straight quarter where the outlook exceeded the survey’s historical average. 

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