Business survey reflects surge of optimism for 2014

02/10/2014

What a difference a year makes. Manufacturers and distributors surveyed by Sage, a supplier of business management software, are decidedly more optimistic about the U.S. economy than they were in 2013.

"We saw a significant jump in positives from 27% to 36% in our 2014 survey," Joe Langner, Executive Vice President, Mid-Market Solutions, told PlasticsToday. "Business is looking much stronger. Forty-two percent of respondents said that they expected production to increase over the next six months, and 46 percent said that they would invest in technology." The fact that almost half of the respondents are planning to plow some of their profits back into the company and invest in growth is an especially heartening sign for Langner.
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