Moderate revenue growth expected for manufacturing in 2013
PwC Manufacturing Barometer illustrates the confidence and caution in manufacturers' hiring and investment plans.
U.S. industrial manufacturing executives remain confident about their ability to guide their companies through global and domestic challenges, according to the Q3 2013 Manufacturing Barometer, released by PwC US.
Commenting on the report, Bobby Bono, U.S. industrial manufacturing leader for PwC, said the atmosphere of uncertainty is influencing executives’ approach to capital investment and hiring. And although hiring predictions are strong, many companies expressed difficulty finding appropriately qualified middle managers and skilled workers. That said, an impressive 82% of executives anticipate revenue growth in the coming year, reflecting their confidence amid economic, regulatory and legislative challenges.
Click here to read the full story on the Modern Materials Handling website, and click here to view the full report.
