Monday, January 30, 2012
Manufacturers are Optimistic
We know that a lot of companies have tightened their belts and have taken extrordinary measures to make it through the downturn, so we don’t want to just talk ‘good news’ while ignoring the negative. But there is a lot of that ‘good news’ and, while its effects will vary, these reports aren’t just for the ‘big guys’ or chosen few. They impact all of us. A good example is the just-released National Economic Trends Survey from MRA-the Management Association.
With respect to Wisconsin, Iowa and Illinois manufacturers, findings include:
92% see the economy as the same, or better than 2011
77% expect sales increases
66% plan on making new hires
We all know that short-term stats and one-time bumps aren’t very meaningful. But this survey is based on longer-term projections.
You can read more about it in BizTimes Milwaukee.