2019 Manufacturing Survey
Thank you for reviewing our 2019 National Manufacturing Outlook and Insights report — if you participated in this survey, thank you for sharing your expertise.
For 2019, manufacturers expressed significant optimism for overcoming hurdles.
Looking ahead, manufacturers expect raw materials, labor costs, lack of available talent, and competition to be significant hurdles in 2019. The tariffs implemented by President Trump provide productivity issues; however, an increase in spending on big data and business intelligence deliver innovative technology for minimizing productivity concerns. We believe the resilience and success our manufacturing clients have created for themselves will help alleviate the major concerns for 2019.
Priorities for 2019 focus on growing sales, improving profitability, and addressing workforce shortage. The challenge of gaining a competitive advantage remains critically important.
We hope these findings provide you with insightful questions to ask and strategic ideas to evaluate these topics, ultimately helping you grow your business and achieve your goals.
Fill out the form below to read the full report.
Want to compare to 2018? Click here to download the 2018 report.
Recent Articles View All Thought Leadership
Roth 401(k) accounts are relatively a new retirement plan option that allows for tax-free earnings and distributions. Studies have shown the number of available Roth 401(k) plans are increasing every year. A recent study by the Plan Sponsor Council of America (PSCA) found that 70% of employer plans include a Roth 401(k). However, despite the […]
Back in 2016, the Financial Accounting Standards Board (FASB) released Accounting Standards Update (ASU) 2016-02- Leases (Topic 842). While most not-for-profit organizations (NFPs) have some time before required adoption (calendar year 2020 for most non-public entities), it is not too early to begin considering the effects that the implementation of this standard will have on […]
On April 23, 2019, the Centers for Medicare and Medicaid Services (CMS) released the Proposed Rule for the Hospital Inpatient Prospective Payment System (IPPS) for Acute Care Hospitals. The proposed rule includes several significant changes to the wage index calculation impacting the wage index factors and rural floor calculation. It is important to understand and […]