I can’t believe it is already November.
I know many manufacturers are looking forward to the calendar turning to 2022, wanting to put 2020 behind them. Why wouldn’t we? 2020 has been a tough year for manufacturers—plastic and metal prices through the roof, labor shortages, and supply chain log jams.
Nevertheless, we have a lot to be thankful for.
Nationally and locally, the trajectory for manufacturing is pointing up despite the current headwinds. You don’t have to take my word for it! In May 2020, only 34% of respondents to the National Association of Manufacturers (NAM) quarterly outlook survey expressed optimism. However, as the year draws to a close, nearly three in four respondents to the NAM survey reported an optimistic future outlook. As manufacturers, we are resilient. We have proven throughout the pandemic that we are agile and capable of responding to the day’s challenges.
Today, advancements in technology and renewal of appreciation for Made-In-the-USA have created an opportunity for hi-tech, lo-tech, and everything in-between. Because of this, I am optimistic. And for this, we should be thankful.
Happy Thanksgiving!