In a recent survey by PricewaterhouseCoopers, the majority of U.S.-based industrial manufacturers said they are pessimistic about the prospects for the U.S. economy over the next 12 months, and most of the others said they are uncertain. Only 12% remain optimistic. Their overall uncertainty now includes the world economy where 21% say they are pessimistic and 41% say they are uncertain about the next 12 months.
Overall, U.S.-based industrial manufacturers will be readjusting to a slower-paced domestic economy for most of 2008, but with the continued strength of international sales, an uptick is anticipated as they move into the first months of 2009.
Key findings:
Optimism drops dramatically. Those optimistic about the 12-month outlook for the U.S. …
Survey: Industrial Manufacturers Pessimistic on Economy
In a recent survey by PricewaterhouseCoopers, the majority of U.S.-based industrial manufacturers said they are pessimistic about the prospects for the U.S. economy over the next 12 months, and most of the others said they are uncertain. Only 12% remain optimistic. Their overall uncertainty now includes the world economy where 21% say they are pessimistic and 41% say they are uncertain about the next 12 months.
Overall, U.S.-based industrial manufacturers will be readjusting to a slower-paced domestic economy for most of 2008, but with the continued strength of international sales, an uptick is anticipated as they move into the first months of 2009.
Key findings:
Optimism drops dramatically. Those optimistic about the 12-month outlook for the U.S. …
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