w w w.in s i g h t o n m f g . c o m September 2019
•
/INSIGHT ON MANUFACTURING
|
41
A national survey by Sikich LLP found
that two-thirds of manufacturers are
preparing for a recession.
27 percent
expect a recession in
the next 12 months.
Larger companies — those with more
than
$500 million
in revenue —
expect a recession at higher rates
than small manufacturers.
Wisconsin received a
"B"
for manufacturing and logistics,
according to the 2019 Manufacturing Scorecard put together by
Ball State University. The scorecard analyzes how each state ranks
among its peers in several areas of the economy that underlie the
success of logistics and manufacturing.
A closer look at 2019 grades, which were unchanged from 2018:
• Human capital:
B-plus
• Manufacturing industry and logistics:
B
• Diversification:
C-plus
• Benefits costs:
C
• Productivity, innovation and tax climate:
C-minus
Wisconsin's grades decreased from
A
to
B-plus
in liability
gap and from
C-plus
to
C
in its global position.
By the NUMB#RS
Treading
carefully
Manufacturing report card
