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.
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