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Manufacturers’ Optimism Declines Report Finds

August 23, 2022

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As material costs increase and supply chain challenges continue to delay production, manufacturers’ optimism has declined, according to a new industry report. The latest Sikich Industry Pulse: Manufacturing and Distribution found that 58% of manufacturers rated their optimism about business prospects over the next six months at a seven or higher on a scale of one to 10. At the same time last year, more than 80% of manufacturers rated their optimism at a seven or higher. And just three months ago, nearly 70% of manufacturers rated their optimism at a seven or higher.

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