September 2006

Trends and Resources

HP Impact: HPImpact: US industries dealing with rising energy costs in 'healthy' way

US industrial manufacturers are gearing up for growth, projecting an average revenue increase of 8.1% for the next 12 months, according to PricewaterhouseCoopers' most recent Manufacturing Barometer. ..

Weirauch, Wendy, Hydrocarbon Processing Staff

US industrial manufacturers are gearing up for growth, projecting an average revenue increase of 8.1% for the next 12 months, according to PricewaterhouseCoopers' most recent Manufacturing Barometer. Industrial manufacturers' predicted growth rate of 8.1% is significantly above the 6.5% forecast a year ago. On another positive note, only 13% of respondents cited decreasing profitability as a potential barrier to growth, down from 22% last quarter. Executives surveyed also expressed continued worries about energy prices, and 61% noted they were either already sourcing from low-cost countries or seriously considering doing so. Pass-through price increases have provided an opportunity for t

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