Research Library

[RESEARCH SPOTLIGHT] Economic Uncertainty Continues: Four Important Actions for a Possible Recession in Manufacturing

Is a recession coming in manufacturing?

Over the last several months, there has been a lot of talk in the United States, and around the world, about the possibility of a recession in the near future. According to the Bureau of Economic Activity, we may already be in one.

Coupled with the current period of high demand for goods - made more difficult by rolling, seemingly random supply chain shortages and endemic labor shortages across manufacturing and other labor sectors - this presents a unique situation.

Today’s demand is high and manufacturers are struggling to keep up, yet there are signs that in the next 12-24 months there may be an economic slowdown.

Are these warning signs real or a self-fulfilling prophecy?

Top Priorities for Economic Uncertainty

In this Research Spotlight from LNS Research Analyst James Wells, we examine the results of our latest survey-based research on economic uncertainty among industrial organizations, revealing how manufacturers see these two contradictions and what their doing about it.

In this Research Spotlight, discover:

  • What four actions manufacturers should take now, whether you believe a recession is coming or not
  • How Leaders are turning uncertainty into an opportunity to pull ahead of the competition
  • The three themes emerging from the alignment of strategic objectives and priorities in preparing for a possible future of economic uncertainty
  • What can be done to prepare and stay one step ahead of seemingly endless Supply Chain upsets

Download the full research report below.

Author Name: James Wells
Date: Feb 13, 2023

Get Access to Valuable Research and Insights

Search Our Research For More Information

Enter a keyword to search for a relevant article from our research library.