2022 Marcum National Manufacturing Survey Report

20

THE 2022 MARCUM NATIONAL MANUFACTURING SURVEY REPORT

Securing & retaining skilled labor 83%

100%

90%

80%

70%

60%

Managing supply chain relationships 33%

50%

Healthcare costs 29%

40%

Increased regulatory environment 17%

Workforce training 21%

Higher taxes 21%

Lending/ access to capital 13%

Keep up w/ technology/ innovation 13%

Workplace health & safety 8%

Cyber -security 13%

Increased competition 13%

30%

Succession planning 8%

20%

10%

0%

What do you anticipate will be your greatest challenges in 2022? Q41

THREATS/CHALLENGES

MANUFACTURERS ASSESS THREATS GOING FORWARD Labor remained the biggest future challenge for most respondents, with securing skilled labor among the top three issues for 83% of respondents, and other workforce issues like training and healthcare costs also cited.

The ongoing supply chain disruption concerned 45% of respondents, up from 23% last year. And while worries about higher taxes were on the minds of 31% of respondents in 2021 given the new administration, that figure declined to 16% this year. The other top issues cited were increased regulations and cybersecurity, each at 16%.