Despite growing worry about the economy, politics and commodity prices, most U.S. manufacturers in a new survey said they would increase hiring by 7 percent over the next year.
The survey was done this summer by RSM McGladrey, a national accounting, tax and business consulting firm that has an office in Madison. It found 76 percent of respondents reporting increased productivity over the past 12 months. Of those, about 60 percent planned to grow their work forces, especially in sectors including chemicals, oil and plastic.
“What we’re seeing is that manufacturers and distributors have positive data in front of them, but they’re not sure whether to believe their figures or the dismal news they hear every day,” RSM’s national manufacturing leader Karen Kurek said in a statement about the company’s latest quarterly survey.
Source: Wisconsin State Journal, State Journal Staff, September 2011
Released in “the Brief” September 12, 2011