Surveys

CFO Survey 2017

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2017 CFO Survey ImageSurvey Reveals Confidence in Manufacturing for 2017 Among Midsized Industrial U.S. Manufacturers

Prime Advantage, the leading group purchasing organization for midsized manufacturers, presents the findings of its ninth edition of the CFO Survey, revealing the financial projections and top concerns of industrial manufacturing companies. The results of our 2017 CFO Survey show record rates of optimism for manufacturing business growth. Our Member companies see increases in their new customer pipelines as well as healthier industry-wide demand. The survey also reveals the most positive view of the U.S. economy in years, painting a strong picture for the coming year.

Major findings

Revenue graph 71% are more optimistic about companies' financial prospects (record high)
Optimism icon 78% are more optimistic about the U.S. economy in 2017 (up 48 points from 2016)
Focus on New Products and Services icon Two-thirds have hiring in the plan for 2017
Healthcare Icon Attracting and retaining qualified employees is the top internal concern
Oil Pump Icon Developing new products and services is a top priority in 2017
Focus on New Products and Services icon 94% want the federal government to make tax reform a top priority

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