Category Archives: Uncategorized

Manufacturing Executives Surveyed by Forbes are Optimistic about Their Industries

Posted on February 14th, 2023

In December 2022, Forbes, Xometry and Zogby conducted a follow-up poll. The survey took the pulse of manufacturing executives within the industry. During the months between the August 2022 survey and the newest survey in December 2022, polling results show 95% of manufacturing executives are optimistic about what is going on in the industry. Increased Confidence Comments from the manufacturing executives surveyed in the Dec. 2022 poll ranged from 60% seeing the industry having a “bright future” to 35% saying they see a “light at the end of the tunnel.” Such sentiments are indeed significant when you consider the overarching themes of the last three+ years continue to plague individuals and the industry alike. This includes continuing concerns about COVID-19 and related restrictions, ongoing supply chain issues and creeping recessionary costs that are impacting consumers and businesses alike across the…

How Can the Manufacturing Skills Gap be Filled?

Posted on January 18th, 2023
manufacturing skills gap

Over the years we have often written about the manufacturing skills gap and its long-range impacts on the industry. In August 2022, the industry had 795,000 job openings. Why are there so many openings? According to study findings by the industry and Deloitte, there’s a persistent mismatch in structural skills. The industry also continues to be plagued by old perceptions, making it challenging to attract new workers to manufacturing. Knowing that manufacturing companies are increasingly competing with other sectors for skilled labor, it’s time for a new approach. This comes in the form of an extensive and forward-looking study conducted by The Manufacturing Institute, the workforce development and education partner of the National Association of Manufacturers, in partnership with Rockwell Automation and PTC software. The study titled Future Skill Needs in Manufacturing: A Deep Dive, shared predictions on where they…