Industrial Manufacturers Show Confidence in a Sustained Recovery in 2010

(BusinessWire)

A real sense of confidence has returned to small and midsized industrial manufacturers, in terms of higher expectations for revenue, customer demand and hiring, according to a recent survey of the top economic concerns of midsized industrial manufacturers for 2010.

Prime Advantage, a buying consortium for the midsized industrial sector, said that the findings of its fifth Prime Advantage Group Outlook (GO) Survey reveal that 45% of respondents indicated that they expected revenue for the first half of 2010 to increase more than it did in 2009.

This builds on the optimism demonstrated in the last GO Survey study that was published in September 2009, which saw 37% of respondents predicting that revenues would increase for the remainder of 2009, as compared to the second half of 2008. Read more here.