American manufacturers said they were more optimistic in the third quarter of the previous period, although they pointed out the constant uncertainty in the areas of trade, high costs of raw materials, and increased health care costs, according to a survey conducted by the National Factory Association (NAM).
The respondents reported higher optimism in the third quarter (65 %) for the second quarter (55.4 %), as “Q3 2025 Outlook Survey” showed. But at the same time, they confessed to increasing pressure on three familiar political areas in the third quarter compared to Q2:
- Commercial uncertainty: 78.2 % (an increase of 77.0 %)
- Raw materials increase: 68.1 % (a height of 66.1 %)
- Increased health care costs: 65.1 % (an increase of 60.0 %)
“The level of optimism in the third quarter is in line with the August production data issued by the Federal Reserve, which showed that manufacturing production was 100.3 % of the average year 2017, barely higher than the March level by 100.2 %, and it took four months to recover from April’s decline.”
“At the same time, manufacturers expect moderate growth over the next 12 months, as production is expected to increase by 2.5 % (up from 1.4 % in Q2) and capital investments 1.0 % (up from 0.3 %). It is still expected to climb costs, but a slower percentage of comfort from the second quarter, with low difference rates between them. Blum said that the sector and the real challenges said that the real challenges and challenges. It still weighs growth. “
NAM leaders said that this uncertainty is a drag on the booth that the sector will make, otherwise, regarding the tax exemptions they received in the beautifully beautiful draft law of the Trump administration.
“In order to increase optimism in optimism, we began to see, manufacturers need certainty through the full manufacturing strategy that extends to a reasonable commercial policy, allowing reform to launch American energy dominance, modern regulations and workforce investments,” said President and CEO of NAM Jay Timmons. “In other words, as long as this continues to be uncertain, manufacturers will not be able to fully benefit from the power of President Trump’s tax and historical rulings, which our allies defended in the White House and Congress.”
