Experts see optimism, challenges for 2012
As 2012 begins, manufacturing continues to lead the U.S. economy in its slow climb back to prosperity.
As 2012 begins, manufacturing continues to lead the U.S. economy in its slow climb back to prosperity. Industry experts from a variety of disciplines see the challenges ahead, but also see room for steady growth in the year ahead. Unemployment crept down to 8.3% in February, and new job initiatives are being announced daily as manufacturing continues to find a foothold.
Four industry leaders have studied manufacturing as it began 2012, and offer their views on where we’re at, and where we’re going.
To read about their views, click the links below:
- McGladrey: ‘Cautious confidence’ requires a global view
- Underwriters Laboratory: Sustainable manufacturing will attract customers
- Fed Letter: Why are manufacturers struggling to hire high-skilled workers?
- NGM Report: Sustainability a smart strategy
Also, be sure to read the results of the 2011 Salary Survey.
Annual Salary Survey
After almost a decade of uncertainty, the confidence of plant floor managers is soaring. Even with a number of challenges and while implementing new technologies, there is a renewed sense of optimism among plant managers about their business and their future.
The respondents to the 2014 Plant Engineering Salary Survey come from throughout the U.S. and serve a variety of industries, but they are uniform in their optimism about manufacturing. This year’s survey found 79% consider manufacturing a secure career. That’s up from 75% in 2013 and significantly higher than the 63% figure when Plant Engineering first started asking that question a decade ago.