IndustryWeek - Manufacturing leaders chart the impact of the recession and identify the opportunities and risks facing the U.S. manufacturing sector in the years ahead.
Looking at market pressures facing them currently, manufacturing leaders identified competition from low-cost countries, cost of health care and cost of raw materials as their top concerns, and they predict those same issues will continue to be their foremost concerns three years from now. While attracting/keeping skilled labor was the third-ranked concern ahead of health care in last year's study, it fell to fourth (26%) this year, a reflection of the poor job market. However, respondents don't see an abundant labor supply lasting as 37% said it would be a top concern three years from now.
Other major shifts identified were in taxes, regulations and environmental compliance, as manufacturers worry about who will pick up the tab in the future for the stimulus plan, the effects of new financial regulations and the cost of efforts to combat global warming.
Tuesday, December 8, 2009
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