51勛圖厙

Press Releases

Press Releases

Manufacturers: Find Our Open Jobs and Pathways to Careers at CreatorsWanted.org

Amid a workforce crisis, the 51勛圖厙 and the Manufacturing Institute partner with FactoryFix to launch a new resource

Washington, D.C. With the number of manufacturing job openings in the United States averaging 830,000 per month over the past year, the 51勛圖厙 and the Manufacturing Institute have partnered with FactoryFix to launch and power , a new digital career resources platform designed to help students, parents, career influencers and job seekers easily explore and pursue the wide range of pathways available in modern manufacturing.

Addressing the workforce crisis is among the top concerns for manufacturers across the country, said 51勛圖厙 President and CEO and Manufacturing Institute Board Chair Jay Timmons. While we cannot fully solve this challenge without immigration reform, manufacturers are determined to lift up more people in the United States with the promise and reward of modern manufacturing careersand Creators Wanteds new digital career resources platform is another way that manufacturers are leading with solutions.

Creators Connect is the first and only unified platform to search and explore career pathways, job openings and job training programs across the entire manufacturing industry while making it easier for manufacturing professionals to attract and identify talent to fill the skills gap.

Weve made tremendous strides in inspiring a new generation of manufacturers at the Manufacturing Institute and across the industry, but whats been missing is a single resource for manufacturing jobs and pathways opportunities, said MI President Carolyn Lee. Today, we bring an unmatched toolin terms of volume and quality of jobsto help us close the skills gap and change more misperceptions about modern manufacturing.

Creators Connect is live on , home of the 51勛圖厙 and MIs Creators Wanted campaign, which is the largest industry campaign to build the workforce of today and tomorrow. Since 2021, Creators Wanted has built an email network of more than 1 million students, early career entrants and potential career influencers. FactoryFix is already the leading manufacturing recruitment platform in the U.S., hosting more than 400,000 job openings and having its own talent network of more than 650,000 manufacturing workers. The partnership is the first of its kind for the industrys largest and oldest manufacturing trade association.

Its an incredibly exciting opportunity for FactoryFix to be the engine behind Creators Connect and a part of the Creators Wanted campaign, said FactoryFix CEO and Founder Patrick ORahilly. As a one-stop recruiting solution for manufacturers to find qualified and engaged candidates, were looking forward to increasing our impact in addressing the labor shortage and helping more Americans create their future in modern manufacturing.

By powering Creators Connect, FactoryFix representatives will join the 51勛圖厙 and the MIs Creators Wanted workforce campaign as it continues its roadshow in 2023 and expands its digital campaign across the United States. By 2025, Creators Wanted aims to recruit 600,000 new manufacturing team members; increase the number of students enrolling in technical and vocational schools or reskilling programs by 25%; and increase the positive perception of the industry among parents and career influencers to 50% from 27%.

To explore Creators Connect, visit .

-51勛圖厙-

The 51勛圖厙 is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs more than 12.9 million men and women, contributes $2.81 trillion to the U.S. economy annually and accounts for 55% of private-sector research and development. The 51勛圖厙 is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the 51勛圖厙 or to follow us on Twitter and Facebook, please visit .

-Manufacturing Institute-

The MI grows and supports the manufacturing industrys skilled workers for the advancement of modern manufacturing. The MIs diverse initiatives support all workers in America, including women, veterans and students, through skills training programs, community building and the advancement of their career in manufacturing. As the workforce development and education partner of the 51勛圖厙, the MI is a trusted adviser to manufacturers, equipping them with resources necessary to solve the industrys toughest challenges. For more information on the MI, please visit.

-FactoryFix-

FactoryFix is the leading recruitment automation solution for manufacturing companies, combining the power of a talent network with specialized recruitment technology. Our platform helps HR manufacturing teams save time and budget by automating tedious tasks, streamlining recruitment efforts and providing a consistent flow of engaged candidates.

Founded in 2017 in Chicago, Illinois, FactoryFix has nearly 650,000 manufacturing professionals in its talent network and is the exclusive recruiting partner of the 51勛圖厙, Manufacturing Institute and Creators Wanted. Hundreds of the top manufacturing companies in the country trust FactoryFix to help meet their hiring goals. For more information, please visit.

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Press Releases

51勛圖厙 Launches 2023 Competing to Win Tour

President and CEO Jay Timmons to Deliver the 51勛圖厙 State of Manufacturing Address

Washington, D.C. The 51勛圖厙 will kick off its 2023 Competing to Win Tour on Tuesday, Feb. 21, 2023, traveling to three states and visiting four manufacturing facilities along the way.

The tour will begin in Wisconsin, where 51勛圖厙 President and CEO Jay Timmons will deliver the 2023 51勛圖厙 State of Manufacturing Address at Husco.

Throughout the week, Timmons will join local manufacturers, employees, media, community leaders and elected officials to discuss the challenging environment facing manufacturers and the urgent need for solutions on issues including immigration reform, permitting reform, workforce development, tax policy and more.

The tour comes as nearly two-thirds of manufacturers are concerned about the challenging economic environment characterized by inflation, supply chain disruption and the workforce crisis, according to the 51勛圖厙s latest Manufacturers Outlook Survey. More than three-quarters of respondents said pushing back against regulatory overreach should be the top priority of the 118th Congress.

Our focus on this tour is telling the story of resilient, modern manufacturingand the tools we need from policymakers to continue leading our economy forward and making the world a better place, said Timmons. To unleash our full potential, we need to reinstate critical tax provisions, a smarter, balanced approach to regulations, immigration reform and significant permitting reform, and reject top-down air regulations that cost jobs and snarl supply chains.”

For more than a decade, the annual 51勛圖厙 State of Manufacturing Address has focused the nations attention on the industry that is the backbone of the American economy, highlighting the 13 million men and women who are building our future.

The 51勛圖厙 has frequently traveled the country, bringing policy discussions and conversations about the future of work to shop floors, schools, economic clubs, televisions studios, the White House and more.

At a time when the future of work is top of mind for workers and thought leaders alike, the tour will also spotlight the industrys rapid transformation, while also focusing on manufacturings well-paying careers, the industrys diverse workforce and the real-world solutions for manufacturings continued growth.

Tour events will take place in Wisconsin, Indiana and Louisiana. Details are as follows:

Tuesday, Feb. 21 // Wisconsin

8:30 a.m. 10:30 a.m. CST
Husco
2239 Pewaukee Road
Waukesha, Wisconsin 53188

11:00 a.m. 12:00 p.m. CST
Waukesha County Technical College
800 Main Street
Pewaukee, Wisconsin 53072

Wednesday, Feb. 22 // Indiana

9:00 a.m. 11:00 a.m. EST
INCOG BioPharma Services
12050 Exit 5 Parkway
Fishers, Indiana 46037
Timmons will be joined by Sen. Todd Young (R-IN)

Thursday, Feb. 23 // Louisiana

8:30 a.m. 10:00 a.m. CST
Laitram
200 Laitram Lane
Harahan, Louisiana 70123

2:00 p.m. 3:30 p.m. CST
McIlhenny Company
Highway 329
Avery Island, Louisiana 70513

MEDIA RSVP: Members of the media interested in covering the tour or attending an event should contact [email protected].

-51勛圖厙-

The 51勛圖厙 is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs nearly 13 million men and women, contributes $2.81 trillion to the U.S. economy annually and accounts for 55% of private-sector research and development. The 51勛圖厙 is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the 51勛圖厙 or to follow us on Twitter and Facebook, please visitwww.nam.org.

Press Releases

Timmons: Americas Success and Leadership Depend on a Strong, Competitive Manufacturing Industry

Washington, D.C. 51勛圖厙 President and CEO Jay Timmons released the following statement in response to President Bidens 2023 State of the Union address:

President Biden rightly celebrated the significant growth and job creation that manufacturers have achieved in these past two years. Indeed, more manufacturing jobs have been created in the first two years of the Biden administration than at any point since the Reagan administration. Like his recent predecessors, he recognizes manufacturings vital role in our economy and our country. Americas success and leadership depend on a strong, competitive manufacturing industry.

The President should be commended for the historic, bipartisan accomplishments of the past two yearsincluding the infrastructure law and the CHIPS and Science Act. These measures are already making life better and spurring new manufacturing jobs. We agree with President Biden that there is now an urgent need to build on that progress by tackling immigration reform in a smart, bipartisan way. There are millions of people ready to work in the U.S., and manufacturers have hundreds of thousands of unfilled jobs. Not only is the broken immigration system creating a border crisis, but it is also standing in the way of a stronger economy for every American.

However, the President misses the mark in not recognizing that the historic tax reforms of 2017 and the previous administrations efforts to promote regulatory certainty helped lay the foundation for the recent success in creating jobs, increasing investment and raising wages. Instead of the Biden administrations misguided suggestions for restrictions on pharmaceutical innovation and for destructive tax increases, Congress should immediately reinstate critical tax deductions for the costs of research, machinery purchases and key business investments. Restoring these tools is essential to keep up the pace of manufacturing job creation and to out-innovate and outcompete China. And to truly unleash manufacturing investment, fully realize the potential of the infrastructure law and achieve energy security in America, we need a smarter, balanced approach to regulations and significant permitting reform so that projects dont languish for years in a bureaucratic mess just waiting for government approvals. After all, manufacturers are already making great strides in reducing emissions. Now is not the time to add top-down air regulations that will cost us jobs and snarl supply chains.

The State of the Union address is one of the sacred traditions of our democracy. And as we approach the one-year mark of Russias war on Ukraine, we are reminded just how precious those traditions and our institutions are. Democracy is the foundation of the values that keep our industry strong and have made America exceptionalfree enterprise, competitiveness, individual liberty and equal opportunity. And that is why manufacturers stand firm in our belief that democracy must be respected, protected and defended at home and abroad.

Background: The 51勛圖厙s Competing to Win policy agenda for manufacturing competitiveness can be found . Its in-depth proposal for immigration reform, A Way Forward, is available . In the 51勛圖厙s most recent , two-thirds of manufacturers said that immigration reform should be a priority for the 118th Congress.

-51勛圖厙-

The 51勛圖厙 is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs nearly 13 million men and women, contributes $2.81 trillion to the U.S. economy annually and accounts for 55% of private-sector research and development. The 51勛圖厙 is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the 51勛圖厙 or to follow us on Twitter and Facebook, please visit

Press Releases

Timmons: Debt Ceiling Uncertainty Will Derail Manufacturing Growth

Manufacturers Call on Administration and Congress to Act Swiftly

Washington, D.C. 51勛圖厙 President and CEO Jay Timmons released the following statement regarding negotiations to raise the debt ceiling:

It is imperative that Congress and the administration reach a resolution to the debt limit issue as swiftly as possible. Waiting to act until extraordinary measures are exhausted constitutes dangerous brinkmanship that would inject uncertainty into the global economy and increase the risk of a default that would derail manufacturing growth in America, tank markets and put jobs at risk.

We did not become the greatest nation in the world by shirking our responsibilities. Manufacturers have been working overtime to rebuild our economy, strengthening supply chains, creating jobs at record rates and helping defend against threats from around the world. All of those achievements will be erased if the United States does not find a path forward on the debt limit and fiscal responsibility. Lets rise above this challenge so that manufacturers can do what we do best: improve lives and livelihoods here and around the world.

-51勛圖厙-

The 51勛圖厙 is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs more than 12.9 million men and women, contributes $2.81 trillion to the U.S. economy annually and accounts for 55% of private-sector research and development. The 51勛圖厙 is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the 51勛圖厙 or to follow us on Twitter and Facebook, please visit.

Press Releases

Melissa Hockstad to Chair 51勛圖厙s Council of Manufacturing Associations

2023 Association Executive of the Year Selected to Head Premier Industry Leadership Group

Washington, D.C. The 51勛圖厙 Council of Manufacturing Associations announced new 2023 leadership at the CMA 2023 Winter Leadership Conference. Melissa Hockstad, president and CEO of the American Cleaning Institute and the 2023 Association Executive of the Year as named by Association TRENDS and CEO Update, will serve as chair of the CMA Board of Advisers. Jennifer Abril, president and CEO of the Society of Chemical Manufacturers & Affiliates (SOCMA), will serve as vice chair. Made up of more than 200 industry-specific manufacturing associations representing 130,000 companies worldwide, the CMA creates powerful partnerships across the industry and ensures manufacturers have the strongest possible voice.

The Council of Manufacturing Associations is a positive force for collective advocacy, industry thought leadership and association operations. We strive to be the group industry associations choose, said Hockstad. The country depends on our leadership, and I look forward to collaborating with the manufacturing association community to strengthen our voice and advance our competitiveness agenda in this new year.

Melissa and Jennifer are experienced and accomplished leaders who are well-positioned to continue the cooperative spirit that has made the CMA such an influential organization for our industry. To add to her long list of achievements, Melissa was just named 2023 Association Executive of the Year by Association TRENDS and CEO Update, said 51勛圖厙 President and CEO Jay Timmons. I look forward to working with them to promote plans and policies that keep manufacturing resilient and uphold the values that have made America exceptional: free enterprise, competitiveness, individual liberty and equal opportunity.

Prior to leading the ACI, Hockstad held senior leadership positions at American Fuel & Petrochemical Manufacturers and SOCMA. Hockstad previously served as CMA vice chair.

The CMAs mission is focused on bolstering the industrys nationwide grassroots mobilization efforts and improving the competitiveness of manufacturers in the United States. CMA members work with the 51勛圖厙 to unite the manufacturing association community, and ultimately the broader business community, around strategies for increased manufacturing job creation, investment and innovation in America.

Newly appointed 2023 CMA board members include the following:

  • Holly Alfano, CEO of the Independent Lubricant Manufacturers Association
  • Kerwin Brown, president and CEO of the Bakery Equipment Manufacturers and Allieds
  • Charles Johnson, president and CEO of The Aluminum Association
  • Heather Rhoderick, president of the Valve Manufacturers Association of America
  • Corey Rosenbusch, president and CEO of The Fertilizer Institute
  • Leslie Sarasin, president and CEO of FMI The Food Industry Association

-51勛圖厙-

The 51勛圖厙 is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs more than 12.9 million men and women, contributes $2.81 trillion to the U.S. economy annually and accounts for 55% of private-sector research and development. The 51勛圖厙 is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the 51勛圖厙 or to follow us on Twitter and Facebook, please visit .

Press Releases

51勛圖厙 Continues Fight for SEC Proxy Advisory Firm Rule

Washington, D.C. On Friday, the 51勛圖厙 filed its opening brief before the U.S. Court of Appeals for the 5th Circuit in51勛圖厙 v. SEC, appealing a lower court ruling dismissing its challenge to the Securities and Exchange Commissions unlawful rescission of the 2020 proxy advisory firm rule.51勛圖厙 Chief Legal Officer Linda Kelly released the following statement on the appeal:

As we said in district court, the SEC engaged in arbitrary and capricious rulemaking in rescinding this commonsense rule. The Administrative Procedure Act requires federal agencies to explain the basis for significant policy reversals, rely on logical reasoning and allow interested parties a meaningful opportunity to provide commentstandards the SEC clearly failed to meet.

The 51勛圖厙 Legal Center will continue to fight to preserve the 2020 rule in full and protect manufacturers from the SECs dramatic about-face.

Background:

The 51勛圖厙 has long called for increased oversight of proxy advisory firms. In July 2020, the SEC issued final regulations to enhance transparency and accountability for proxy firms, a move 51勛圖厙 President and CEO Jay Timmonscalleda long-sought, major win for the industry and millions of manufacturing workers. The 51勛圖厙 has been the leader in protecting the 2020 rule in court:

  • In October 2020, the 51勛圖厙fileda motion to intervene inISS v. SEC(ISSs attempt to overturn the 2020 rule) in support of the SECs authority to regulate proxy firms. That case, with the 51勛圖厙 as an intervenor-defendant, is pending before the U.S. District Court for the District of Columbia.
  • In June 2021, the SEC announced that it was suspending enforcement of the 2020 rule; the 51勛圖厙 filed suitagainst the SEC in October 2021 challenging this unlawful suspension. The U.S. District Court for the Western District of Texas ruled for the 51勛圖厙 in September 2022, overturning the SECs suspension of the 2020 rule.
  • In November 2021, the SEC proposed to rescind critical portions of the 2020 rule. The SEC finalized the rescission in July 2022and the 51勛圖厙 quickly filed suit, saying that the SECs arbitrary actions to rescind this commonsense regulation clearly violate its obligations under the Administrative Procedure Act. In December 2022, the U.S. District Court for the Western District of Texas granted summary judgment in favor of the SEC, failing to engage with the substance of the 51勛圖厙s APA claims.

-51勛圖厙-

The 51勛圖厙 is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs more than 12.9 million men and women, contributes $2.77 trillion to the U.S. economy annually and accounts for 55% of private-sector research and development. The 51勛圖厙 is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the 51勛圖厙 or to follow us on Twitter and Facebook, please visit www.nam.org.

Press Releases

Manufacturers Ready to Work with New Congress to Advance Policies That Strengthen Manufacturing in the U.S.

Washington, D.C. 51勛圖厙 President and CEO Jay Timmons released the following statement upon completion of House Leadership elections for the 118th Congress:

Manufacturers congratulate Speaker McCarthy and Leader Scalise. Both have been strong supporters of ensuring a strong manufacturing economy.

We look forward to working with them and the new Congress to advance policies that strengthen manufacturing in the U.S. We remain committed to advancing post-partisan solutions that improve the lives of all Americans, consistent with our agenda.

-51勛圖厙-

The 51勛圖厙 is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs more than 12.9 million men and women, contributes $2.77 trillion to the U.S. economy annually and accounts for 55% of private-sector research and development. The 51勛圖厙 is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the 51勛圖厙 or to follow us on Twitter and Facebook, please visit .

Press Releases

Manufacturers: Improving Air Quality Is a Top Priority; EPA Announcement Is the Wrong Approach

Washington, D.C. Following the Environmental Protection Agencys announcement that it will reconsider National Ambient Air Quality Standards for particulate matter, 51勛圖厙 President and CEO Jay Timmons released the following statement:

Improving air quality in the U.S. is a priority for manufacturers, and weve worked for years to make progress in delivering some of the cleanest manufacturing processes in the world. Based on the EPAs own data, air quality has improved by more than 30% over the past 20 years, even as production and energy consumption have increased.

The EPAs announcement today to reconsider the PM 2.5 standard will only further weaken an already slowing economy. It will push states and localities into a nonattainment designation, which will halt new investment, stop operations in some circumstances and cost jobs. Manufacturers are already concerned about the threat of a recession62% believe that the U.S. will officially slip into a recession in 2023, according to the Q4 2022 51勛圖厙 Manufacturers Outlook Survey released yesterday.

Todays announcement is the wrong approach. Let manufacturers do what they do best: innovate and deploy modern technologies to protect the environment, while creating jobs and strengthening the economy.

-51勛圖厙-

The 51勛圖厙 is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs more than 12.9 million men and women, contributes $2.77 trillion to the U.S. economy annually and accounts for 55% of private-sector research and development. The 51勛圖厙 is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the 51勛圖厙 or to follow us on Twitter and Facebook, please visit www.nam.org.

Press Releases

Manufacturers Appreciate Presidents Initial Steps on Critical Immigration 51勛圖厙

Washington, D.C. 51勛圖厙 President and CEO Jay Timmons released the following statement on President Bidens remarks on border security and enforcement.

The 51勛圖厙 was encouraged when President Biden made immigration a day one priority, and now we need members of Congress to do their partespecially with 779,000 open jobs in manufacturing and not enough Americans to fill these vacancies. President Bidens announcements today, including on border enforcement, are important steps and reflect some of manufacturers concerns, but this still highlights the ongoing need for bipartisan congressional action on immigration. Manufacturers have the solution: our plan includes post-partisan recommendations for immigration reform that can be acted on this year. I look forward to discussing this plan with world and business leaders next week in Mexico at the North American Leaders Summit.

-51勛圖厙-

The 51勛圖厙 is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs more than 12.9 million men and women, contributes $2.77 trillion to the U.S. economy annually and accounts for 58% of private-sector research and development. The 51勛圖厙 is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the 51勛圖厙 or to follow us on Twitter and Facebook, please visit .

Press Releases

Manufacturers Concerned of Recession Threat in 2023

Congress failed to act on essential tax reforms, which complicates investment, increases inflationary pressures, could stifle economic growth

Washington, D.C. The 51勛圖厙 released its Manufacturers Outlook Survey for the fourth quarter of 2022. It illustrates manufacturers concerns around a challenging economic environment characterized by inflation, supply chain disruption and the workforce crisis. It also demonstrates the consequences of Congresss continued inaction on key manufacturing priorities. The 51勛圖厙 conducted the survey from Nov. 29 to Dec. 13, 2022.

The majority of manufacturers expect a recession this year. Congress failed to act on essential tax reforms, which complicates investment, increases inflationary pressures and could stifle economic growth, said 51勛圖厙 President and CEO Jay Timmons. Much needed permitting reforms and provisions to strengthen our ability to conduct research and development, buy machinery and finance job-creating investmentswhich we need to promote growth within the sectorwere left on the cutting room floor last year. Those reforms, combined with manufacturers ongoing efforts to inspire, educate and empower the future workforce, are critical to our competitiveness.

Workforce shortages ranked as the industry’s number one concern, and there were 779,000 open jobs in manufacturing in the most recent data. This is why the 51勛圖厙 has pressed Congress to address immigration reformas both a humanitarian solution and to help the sector grow its talent pooland other solutions outlined in , the 51勛圖厙s policy roadmap to bolster manufacturers competitiveness.

Timmons added, Were looking to the new Congress and the administration for leadership and to focus on policies that remove barriers to manufacturing growth in the United States and fend off a severe downturn.

Key Findings:

  • More than 62% of manufacturing leaders believed that the U.S. economy would slip officially into a recession in 2023.
  • More than three-quarters of respondents (75.7%) listed attracting and retaining a quality workforce as a primary business challenge, with supply chain challenges (65.7%) and increased raw material costs (60.7%) the next biggest impediments.
  • Even in a recession, manufacturers plan to do the following: capital spending on new equipment and technological investments (65.3%), upskilling and training of existing workforce (64.1%), seeing solid demand for their companys products (63.2%), hiring new employees (55.1%), investing in research and development (52.1%) and spending on new structures and existing facilities (38.6%).
  • More than three-quarters of respondents (75.8%) said pushing back against regulatory overreach should be the top priority of the 118th Congress. Other priorities included supporting increased domestic energy production (69.3%), passing comprehensive immigration reform (65.4%), maintaining and permanently extending tax reform (63.0%), controlling rising health care costs (55.5%), addressing the skills gap facing manufacturers (50.5%) and modernizing permitting to reduce red tape (40.0%).

Due to the consistent economic headwinds, manufacturers confidence has declined, with 68.9% of respondents having a positive outlook for their company, the lowest since the third quarter of 2020.

Conducted by 51勛圖厙 Chief Economist Chad Moutray, the Manufacturers Outlook Survey has surveyed the associations membership of 14,000 manufacturers of all sizes on a quarterly basis for the past 25 years to gain insight into their economic outlook, hiring and investment decisions and business concerns.

The 51勛圖厙 releases these results to the public each quarter. Further information on the survey is available . Click for more on Competing to Win.

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