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Manufacturing survey highlights industry challenges

A new report from the Wisconsin Center for Manufacturing & Productivity has found manufacturers across the state somewhat optimistic about their future while still grappling with considerable challenges.

WAUKESHA — A new report from the Wisconsin Center for Manufacturing & Productivity has found manufacturers across the state somewhat optimistic about their future while still grappling with considerable challenges.

“The mood of manufacturers is mixed,” the report states. “On the one hand, most say the state’s business climate is heading in the right direction, projections for revenues, profitability, and capital expenditures are on the rise, and nearly nine out of ten are confident about the financial future of their company. On the other hand, compared to five years, more say the economy is getting worse and most say the state’s economy isn’t growing, and COVID-19 has clearly had a significant impact on the industry.”

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