Overall, in Chief Executive’s March 2016 CEO Confidence Index survey, manufacturers rated their expectations of future business conditions 12 months from now a 6.00 on a scale of 1 to 10, with 10 being the highest. That’s a 6% increase compared with a rating of 5.64 given for how they feel business conditions are now.
Conversely, large industrial manufacturers were at the opposite end of the continuum, showing the largest expectation of growth, at 17%. Small consumer goods manufacturers had the best outlook overall, rating current conditions 6.71 and future conditions 7.29, a 9% increase.
The impending U.S. presidential election undoubtedly is having an effect on everyone’s outlook, and we can expect the election in November to change these numbers significantly, for better or worse, all around.
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