Is your company adapting production to meet a pandemic-related need? I’d love to hear about it! Please contact me at suttons@bnpmedia.com to share your story.
Roughly one-third (34%) of manufacturers in our latest survey expect their business’ recovery to take three months or less, while 37% expect it to take four to six months.
To date, three surveys have been conducted by Clear Seas Research to discover how manufacturers view their current business and future outlook in light of the COVID-19 pandemic.
The global ramifications of COVID-19, in terms of both our physical and economic well-being, are daunting. Some regions have been quite successful in avoiding widespread losses, others are beginning to see cases decline and are returning somewhat to normalcy, and still others have yet to see the worst.
Some companies are rallying their workforce to increase production of existing products, while others are retooling their facilities to produce entirely new materials that are sorely needed.
Though the circumstances surrounding COVID-19 are horrible, I find it gratifying to see the drive, determination, and oftentimes ingenuity that these companies are displaying for the good of us all.
A new survey provides insight on manufacturers’ current business outlook, how the coronavirus is affecting short- and long-term projections, steps manufacturers are taking to protect their employees, and much more.