Manufacturers’ optimism has risen to unprecedented heights amid the legislative progress made on tax reform, according to the results of the Manufactures’ Outlook Survey for the fourth quarter of 2017.
The study, conducted by The National Association of Manufacturers (NAM), found that 94.6% of respondents say they are positive about their own company’s outlook.
This quarter’s optimism level is the highest in the survey’s 20-year history.
Optimism has been at historically high levels throughout the year, averaging 91.8% in the four quarters of 2017, up from a 64.3% average in 2016. Click here to read more.