Manufacturing Barometer: Business outlook report, July 2015
Optimism regarding the direction of the domestic economy softened in the second quarter of 2015 compared to the previous nine-year high recorded in the first quarter among US industrial manufacturers. Respondents also trimmed overall growth forecasts and spending plans, reflecting caution around the strengthening of the US dollar and potential rise in domestic interest rates, as well as continued uncertainty regarding the direction of global economy.
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.