Highlights of 4th Quarter Manufacturing Survey of North American Manufacturers
MFG.com has reported the latest MFGWatch survey results for the 4th quarter and they are both interesting and heartening in some areas. The survey represents a cross section of industries including consumer products, machinery tools & equipment, textiles, aerospace, automotive, medical, and defense. Here’s a quick view of the highlights:
- 53% of respondents reported growth in company sales with only 18% reporting a decline.
- 26% increased their staff, 57% stayed the same (but purchased more technology), and 14% reported a decrease in staff.
- 22% returned production into or closer to North America from a low-cost country while 69% did not




