RSM US LLP recently released the 2017 RSM Manufacturing Monitor Report. Again this year, manufacturers seem optimistic as rising revenues and profits help spur investments in information technology, research and development, equipment and training.
Respondents indicated “slow but steady gains” in production and an increase in hiring. While certain indices provided positive assessments of manufacturing at home and abroad, markets in some sectors are experiencing lower revenue and client retention rates. According to the report, decision-makers face issues in four key areas.