2023 MANUFACTURING INDUSTRY TRENDS: SURVEY RESULTS AND ANALYSIS
2023 Manufacturing Trends Survey, conducted in collaboration with more than 240 professionals from a variety of manufacturing sectors across North America.
Designed to provide greater insight into the manufacturing sector’s technology investment landscape, Alithya collected, tabulated, and summarized survey responses to better provide timely and relevant strategic guidance to its wide range of manufacturing clients.
Despite a continuing climate of economic uncertainty marked by inflation and rising interest rates, many manufacturing respondents indicated their intention to continue executing on planned capital investments for 2023, largely sparked by greater visibility into supply chain risks.
Key takeaways from Alithya’s 2023 Manufacturing Trends Survey include:
- 68% of respondents foresee at least as much capital project investment as in 2022.
- 43% of respondents report their intention to increase spending on capital projects in 2023.
- 8% indicate a cautious stance of significantly reduced capital project investments, however that number is down from 13% in 2022.
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