Manufacturing Barometer™

January 2017

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Industrial manufacturers see growth in US economy as favorable to the industry.

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Explore the data

Manufacturing Barometer: Business outlook report, January 2017

A major prospective uplift in attitudes toward business growth has appeared among PwC’s panel of leading US industrial manufacturers in fourth quarter 2016. This uplift appears related to a strong change in panelists’ attitudes about the US economy and its near-term prospects over the next 12 months.

Highlights from this quarter’s report:

  • Optimism about the US economy is on the rise among manufacturers, even while outlook for the world economy remains low.
  • Own-company revenue forecasts are up, with 85% expecting positive revenue growth in 2017.
  • Major increase in CapEx spending and budget increases anticipated for the coming year.

PwC's Manufacturing Barometer is a quarterly survey of US-based executives in large, multinational industrial manufacturing businesses. The survey captures participants' assessments of the direction of the US and world economies and their company's performance and expectations in such areas as revenue growth, margins, inventory, and costs. Other sections explore plans for investment, mergers and acquisitions, and hiring, as well as potential barriers to growth and much more. 

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