According to its First Quarter 2023 Outlook Survey, the National Association of Manufacturers (NAM) found that 74.7% of small, medium, and large manufacturing respondents “felt either somewhat or very positive” in their company outlook. Even so, challenges within the industry persist, with 55.8% of the respondents citing concerns about ongoing supply chain disruptions caused by the pandemic, inflation, the Ukraine-Russia conflict, and more.
These ongoing supply chain challenges are imposing higher costs, delayed shipments, raw material shortages, and more…
