Manufacturers are adjusting to a slower growth environment, According to PwC’s Q1 Manufacturing Barometer

PwC's Manufacturing Barometer is a quarterly survey of US-based executives in large, multinational industrial manufacturing businesses. The survey captures participants' assessments of the direction of the US and world economies and their company's performance and expectations in such areas as revenue growth, margins, inventory, and costs. Other sections explore plans for investment, mergers and acquisitions, and hiring, as well as potential barriers to growth and much more.


NEW YORK, April 18, 2016 — Highlights from this quarter’s report:

  • The US economy remains a bright spot. A majority believes the US economy was growing in the first quarter, which is likely a major reason why 72 percent of survey respondents forecast revenue growth in the year ahead.
  • Company forecasts point to slower growth ahead. Industrial manufacturers see reduced growth, with survey respondents forecasting average revenue growth of 3.7 percent over the next 12 months.
  • Cost management is center stage. An environment of weaker revenues is clearly settling in – and that means manag<brement teams will continue to focus on reducing costs.
  • Good signs in a challenging climate. Manufacturers are investing wisely while conserving liquidity.

Download: Manufacturing Barometer Business Outlook Report April 2016


About the Manufacturing Barometer
PwC's Manufacturing Barometer is a quarterly survey based on interviews with 59 senior executives of large, multinational U.S. industrial manufacturing companies about their current business performance, the state of the economy and their expectations for growth over the next 12 months. This survey summarizes the results for Q4 2015 and was conducted from September 29, 2015 to December 21, 2015. To view the complete Manufacturing Barometer report, visit http://www.pwc.com/manufacturing-barometer. For information about other Barometer surveys, including recent economic trend data and topical issues, visit http://www.barometersurveys.com.

About PwC’s Industrial Products Practice
PwC’s Industrial Products (IP) practice provides financial, operational and strategic services to global organizations across the aerospace & defense (A&D), business services, chemicals, engineering & construction (E&C), forest, paper, & packaging (FPP), industrial manufacturing, metals and transportation & logistics (T&L) industries. With more than 31,000 professionals located in over 150 countries, PwC’s IP global professionals deliver a wide range of industry-focused tax, assurance and advisory services to address critical business issues. For more information please visit: www.pwc.com/us/en/industrial-products

About PwC US
At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 157 countries with more than 208,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com.


For additional information contact:
Tanja Sullivan
tanja.sullivan@us.pwc.com
(646) 471-6959