Survey Shows Confidence in Economy; Less So in Manufacturing
- Small manufacturers, accounting for nearly half of those surveyed, were much more likely to indicate their firm could be in danger of failing (14%) versus medium-sized (2%) and large firms (3%). The survey defined small firms as those with fewer than 100 employees.
- For companies of all sizes, the greatest obstacle to growth and expansion was lack of customer demand, given by 45% of respondents.
- About 70% of respondents expected to keep staffing levels the same over the next six months.