Survey of manufacturing executives shows lower economic optimism for 2019 - News Summed Up

Survey of manufacturing executives shows lower economic optimism for 2019


The survey, conducted by RK Insights, showed that 30 per cent of the 501 respondents were optimistic about business prospects for 2019, down from 44 per cent who were a year earlier. A new survey shows business optimism for the year ahead among Canadian manufacturer executives is lower than it was a year ago as trade issues weigh. It showed that 18 per cent of the senior executives were concerned about business prospects for the year ahead, but that 51 per cent were cautiously optimistic in a similar level to last year. The survey, conducted in August and Sept. before a new North American trade deal was signed, showed an increase in concerns about the effects of U.S. President Donald Trump’s trade policies. Sixty-five per cent of respondents were very concerned about U.S. protectionism, up from 54 per cent last year, while 61 per cent were very concerned about Trump’s impact on bilateral relations, up from 45 per cent.


Source: thestar December 31, 2018 16:52 UTC



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