Survey: How COVID-19 Will Impact Manufacturers

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The National Association of Manufacturers shared the results of a survey with their members about the impact of the COVID-19 outbreak.  The survey was open from Feb. 28 to March 9, with 558 respondents.

“Already, manufacturers are grappling with disruptions to their businesses due to the COVID-19 outbreak, with many anticipating financial and operational consequences — even before some of the developments of this week. The federal government can take steps to further equip manufacturers to deal with COVID-19 by implementing the NAM’s ‘COVID-19 Policy Action Plan Recommendations.” – NAM President and CEO Jay Timmons

78.3% of respondents said they anticipate a financial impact.

53.1% of respondents anticipate a change in operations, and 35.5% said they are facing supply chain disruptions.

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The State of the Market 2020
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