Report: 63% of U.S. manufacturers are upbeat about the economy

07/19/2013 | Material Handling & Logistics online

The Q2 2013 Manufacturing Barometer released by PwC US found the number of manufacturers that are bullish about the economy grew from 55% during the first quarter to 63% during the second quarter. However, the report stated that manufacturers' capital spending dropped during the same period because of uncertainty about the global economy. "Sustained global uncertainty has likely led the way in fostering a more measured approach to capital spending, in conjunction with a return to more normalized spending patterns commensurate with the current stage of the post-recession cycle," said Bobby Bono, PwC's industrial manufacturing leader in the U.S.

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