Concerns over US economy belie manufacturers’ optimism

Posted on 27 Oct 2011 by The Manufacturer

US industrial manufacturers are hopeful of good individual growth in the next 12 months but have revealed grave concerns regarding the future of the wider US economy.

According to findings by the PwC Manufacturing Barometer for Q3, only five per cent of US manufacturers are optimistic about the year ahead – a steep drop from 48% in Q2 and it’s at lowest since Q4 of 2008. Barry Misthal, global industrial manufacturing leader for PwC, said: “There has been a significant shift away…

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