Type to search

News

US Manufacturers’ outlook 95.1% positive – highest in 20 years

TMA Media June 20, 2018
Share

In a stunning turnaround sparked by the improving economy and last December’s tax cuts, over 95 percent of manufacturers have turned bullish about their future, an all-time record.

A new survey from the National Association of Manufacturers found that 95.1 percent of manufacturers have a “positive outlook for their companies.”

That is the highest outlook number in the 20-year history of the group’s Outlook Survey.

The report, said the group, comes on the six-month anniversary of passage of the Tax Cuts and Jobs Act and amid reports that manufacturers are increasing wages, hiring, and capital investments.

Read more in the Washington Examiner