Downtown Cleveland Office Managing Partner Jon Shoop reported the highlights of the 2022 Marcum Manufacturing Survey in Crain’s Cleveland Business.
Crain's Cleveland Business
By Jonathan Shoop, Office Managing Partner, Downtown Cleveland
Manufacturers remain upbeat, nonetheless. For the most part, their order books and backlogs are full, as evidenced by the 84% of survey respondents who are seeing sales growth from their core business this year, despite any labor, hiring or technology challenge they might be facing. Time will tell how much of that sales growth is inflationary due to price or pent-up demand.