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Manufacturers Feeling Optimistic

Tuesday, January 9, 2018
 

Manufacturers are bullish on 2018, according to the National Association of Manufacturers’ 2017 Fourth Quarter Manufacturers’ Outlook Survey, in which manufacturers said they expect that production growth rate will average 5 percent over the next 12 months and increased sales, and that they expect to increase capital spending. NAM Chief Economist Chad Moutray says the optimism stems from a growing global economy and the belief that comprehensive tax reform is on the way.
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