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Ralph Babusci

Ralph Babusci

Contributions by Ralph Babusci

Manufacturing: Building Resiliency to Navigate Market Volatility

Manufacturers have navigated a turbulent environment for several years. Some unlocked exponential growth opportunities due to surging demand while others struggled to stay afloat. Now, most manufacturers are bracing for a recession. In the U.S., 62% of manufacturers expect a recession to start in 2023, anticipating several months of contraction followed by growth. U.S. manufacturers expect to increase revenues by year-end an average of 5.5%, down from 9.3% in 2022.

Ralph Babusci by Ralph Babusci