Manufacturing Execs Exude Economic Optimism

Jan. 31, 2006
Despite continued concern about high energy prices, manufacturing executives in U.S.-based multinationals surveyed by PricewaterhouseCoopers are significantly more optimistic about the U.S. and world economies than they were three months ago. ...

Despite continued concern about high energy prices, manufacturing executives in U.S.-based multinationals surveyed by PricewaterhouseCoopers are significantly more optimistic about the U.S. and world economies than they were three months ago.

Seventy-six percent are optimistic about the U.S. economy's prospects during the next 12 months, compared with 54% three months ago. Seventy-one percent are optimistic about the world economy, also up from 54%.

There is a note of caution, however. While 57% of the executives surveyed expect their companies to make major capital investments during the next 12 months, that percentage is down from 60% three months ago.

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