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Posted by / 31-Dec-2017 03:38

This indicates that, even though some of our respondents were unsure of the combined impact of a strong U. dollar and depressed oil and related commodity prices, nearly 65 percent felt that these combined factors did not have a negative impact on their business.

The fourth special question asked whether trade liberalization with " (5.6%), "Yes, both" (31.5%), and "No" (49.3%).

"Manufacturing purchasing and supply executives expect to see growth in 2017.

They are optimistic about their overall business prospects for the first half of 2017, and are slightly more optimistic about the second half of 2017," said Holcomb.

This indicates that, even though some of our respondents were unsure of the impact of depressed oil and related commodity prices, over 70 percent felt that these depressed prices did not have a negative impact on their business.The responses from our non-manufacturing panel, with percentages of the total number of responses noted, were "Negative" (12.4%), "Negligible" (33.5%), "Positive" (32.9%), and "Unsure" (21.1%).This indicates that, even though some of our respondents were unsure of the combined impact of a strong U. dollar and depressed oil and related commodity prices, over 66 percent felt that these combined factors did not have a negative impact on their business.Manufacturing Growth Expected in 2017; Revenue to Increase 4.6%; Capital Expenditures to Increase 0.2%; Capacity Utilization Currently at 81.9% Non-Manufacturing Growth Projected in 2017; Revenue to Increase 4.1%; Capital Expenditures to Decrease 0.2%; Capacity Utilization Currently at 85.2% . economy, are expected to increase by 0.2 percent in the manufacturing sector and decrease by 0.2 percent in the non-manufacturing sector.The manufacturing sector is optimistic about growth in 2017, with revenues expected to increase in 16 manufacturing industries, and the non-manufacturing sector indicates that 14 of its industries will see higher revenues. Manufacturing expects that its employment base will grow by 0.6 percent, while non-manufacturing expects employment growth of 1.2 percent.

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The panel of purchasing and supply executives expects a 4.6 percent net increase in overall revenues for 2017, compared to a 0.9 percent increase reported for 2016 over 2015 revenues.