2022 Marcum National Manufacturing Survey Report

19

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5 %

60% indicated they expect higher revenues in the

5% expect a decline.

coming year. 60

%

100%

90%

80%

Increasing? 60%

70%

60%

Staying the same? 35%

50%

40%

30%

20%

Decreasing? 5%

10%

0%

GROWTH FORECASTED FOR MOST MANUFACTURERS Despite the many threats and challenges manufacturers face, 60% of respondents indicated they expect higher revenues in the coming year. That’s a decline from the roughly 80% who believed that last year, but it’s worth noting that most were still rebounding from COVID-19 at that time. Just 5% expect a decline, matching last year’s figure. With significant backlogs remaining in many industries, we are not surprised to see an overall positive attitude. REVENUE FORECAST Looking ahead over the next 12 months, do you see your manufacturing revenues: Q11