The NAM/IndustryWeek Survey of Manufacturers for the third quarter of 2013 shows that concerns over rising health care costs, our nation’s long-term fiscal challenges and increasing regulatory burdens continue to hold back robust growth for manufacturers.
Small, medium and large manufacturers all noted the uncertainties surrounding implementation of the Affordable Care Act as a top concern, and many are still unaware of their premium costs for next year. Fixing the long-term federal debt ranks as the top policy fix manufacturers would like to see from Washington.
“Manufacturing leaders continue to worry about the long-term challenges confronting the nation, particularly on fiscal and monetary matters,” commented NAM Chief Economist Chad Moutray. “These uncertainties, combined with Washington’s current regulatory agenda, continue to hold back robust growth in the sector.”