What is top of mind for the manufacturing and distribution (M&D) industry in 2021? LBMC’s fourth annual Business Outlook Survey Report addresses this question and offers insights into business trends, challenges, and levels of optimism across seven major industries in the U.S., including M&D.
M&D organizations made up about 13.5% of the survey’s 517 respondents, mostly in C-level positions. Approximately 44% of M&D participants represented companies with $50 million plus in revenue. The report provides insights into the business landscape over the last 12 months and expectations for the new year. Specifically, the report focuses on current business challenges, impacts of the pandemic, election sentiment, economic conditions, and businesses’ goals for the coming year.