International sales remained the bright spot for industrial manufacturers in a recent survey by PricewaterhouseCoopers LLP. International sales in the second quarter 2008 remained strong for those who sell abroad, increasing for 66% of respondents in the firm’s quarterly Manufacturing Barometer. International sales projections for the next 12 months increased slightly to 38% of revenue, three points higher than both the prior quarter and the second quarter 2007.
However, of those industrial manufacturers selling abroad, almost two-thirds are either pessimistic (27%) or uncertain (36%) about the world economy over the next 12 months, an increase from 22% a year ago.
Overall, pessimism and uncertainty about the domestic and world economies reached a five-year high …
International Sales Remain Strong for Industrial Manufacturers
International sales remained the bright spot for industrial manufacturers in a recent survey by PricewaterhouseCoopers LLP. International sales in the second quarter 2008 remained strong for those who sell abroad, increasing for 66% of respondents in the firm’s quarterly Manufacturing Barometer. International sales projections for the next 12 months increased slightly to 38% of revenue, three points higher than both the prior quarter and the second quarter 2007.
However, of those industrial manufacturers selling abroad, almost two-thirds are either pessimistic (27%) or uncertain (36%) about the world economy over the next 12 months, an increase from 22% a year ago.
Overall, pessimism and uncertainty about the domestic and world economies reached a five-year high …
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