Subscribe to our free, weekly email newsletter!


MAPI Survey: 83% say Affordable Care Act will be a drag on company growth

Mid-year survey of senior executives from leading global manufacturers identifies a number of major risk factors regarding growth outlook for 2013 and beyond.
By Modern Materials Handling Staff
August 28, 2013

In “Global Growth in 2013—Outlook and Risk Factors”, the Manufacturers Alliance for Productivity and Innovation (MAPI) queried 130 corporate leaders from its council programs, including CEOs, CFOs, presidents, and heads of operations, marketing, and sales on issues ranging from the current economic landscape to workforce development.

“Global uncertainty continues to be the status quo, but manufacturing executives are not deterred from plans to expand their global footprints,” said Cam Mackey, MAPI vice president and survey coordinator. “Unfortunately, they share MAPI’s concerns that global growth in 2014 will be anemic.”

Among the key findings:
83% believe the Affordable Care Act will be a drag on their companies’ growth; 79% feel the same about U.S. tax policy
72% feel that the manufacturing skills gap is a real issue, even if it isn’t currently having a major impact on their companies
Most executives are cautiously optimistic about the 2014 outlook—nearly three-quarters expect sales to increase over 2013 levels (28% expect sales to increase by 5% or more)
Executives predicted a 22% likelihood of another recession in the U.S. by the end of 2014
Two-thirds expect weak employment to continue through 2014, if not longer
68% predict the Eurozone recession will last through the end of next year
65% expect slow or medium growth in China through 2014
Only 21% of respondents reported making fewer long-term investments in 2013 than in 2012
61% indicated that due in part to anemic global growth, the U.S. is an especially attractive place to invest in 2013
One-third anticipate that instability in countries such as Turkey, Syria, and Iran could slow global growth

“Not surprisingly, many executives told us that weak demand and customers’ hesitation to spend will have a negative impact on growth in 2013,” Mackey noted. “Most executives we’ve talked to continue to wait and see.”

Subscribe to Modern Materials Handling magazine

Subscribe today. It's FREE!
Find out what the world’s most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today!

Recent Entries

Manufacturing forecast predicts an increase of 124,000 jobs in 2015, 94,000 in 2016 and 30,000 jobs in 2017.

Sept. 9 event to feature robotic demonstrations and technical training seminars.

Partnership combines CareFusion's expertise in high-density automation to register, store and pick medications with Schaefer's range of manual, semi-automatic and automated solutions for the pharmaceutical supply chain.

LVS a provider of label inspection, print inspection, and barcode verification products, solutions, and services for the life sciences and other industries.

Company to exhibit in Reusable Packaging Pavilion at Pack Expo 2015

Article Topics

News · Economy · MAPI · All topics

About the Author

Josh Bond, Senior Editor
Josh Bond is Senior Editor for Modern, and was formerly Modern’s lift truck columnist and associate editor. He has a degree in Journalism from Keene State College and has studied business management at Franklin Pierce University.


© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA