Here’s one more look into the proverbial 2013 Crystal Ball on what to expect from the economy, business-wise.
In a 1st quarter survey of small and mid-sized manufacturers, predictions and plans were all good, if not solid in their predictions of steady growth for the balance of the year. Prime Advantage buying consortium releases their Group Outlook Survey twice a year, and their newest findings include:
68% expect revenue increases,
87% expect capital expenditures to grow or stay constant,
43% plan to hire more workers
The cost of raw materials is a big concern, named the top cost pressure among 90% of respondents.
