A split message from US industrial manufacturers in our latest manufacturing survey

PWC
US industrial manufacturers are optimistic about company revenue growth, but less so about the US and global economies, according to our Q3 2014 Manufacturing Barometer. Survey respondents forecast an average growth rate of 5.6 percent over the next 12 months, up from 5.2 percent in the second quarter and 4.2 percent a year ago. However, optimism regarding the prospects for the US economy during the next 12 months dropped to 57 percent from 65 percent in the previous quarter. Optimism about the world economy also dropped – to 30 percent, down from 38 percent in the second quarter – the lowest percentage in eight quarters. More