Rising Costs

Manufacturers’ 3Q Outlook Supply Chain Issues, Growing Workforce Needs, Rising Costs

Manufacturers’ 3Q Outlook Supply Chain Issues, Growing Workforce Needs, Rising Costs

WASHINGTON DC - The National Association of Manufacturers released its Manufacturers’ Outlook Survey for the third quarter of 2022, which shows mixed results around a challenging economic environment, inflation, supply chains and the workforce. The NAM conducted the survey Aug. 16–30. “Three out of four manufacturers still have a positive outlook for their businesses, but

By Staff Writer|2022-09-25T16:51:29-04:00September 25th, 2022|Industry 4.0|

SBAM Survey: Rising Costs, Staffing Shortage Biggest Threats To Small Businesses

SBAM Survey: Rising Costs, Staffing Shortage Biggest Threats To Small Businesses

LANSING – A new survey done by the Small Business Association of Michigan showed that while wages and staffing levels have begun to increase, rising costs and finding enough staff are still the top threats businesses are facing. “The pandemic has been difficult for small businesses, but it’s clear that entrepreneurs are adapting and taking

By Staff Writer|2021-09-26T16:41:20-04:00September 26th, 2021|Small Business Association of Michigan|