The Economy for Manufacturers After Tax Reform #031

Published: July 25, 2018, 3:08 p.m.

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Chad Moutray\\u2014chief economist for the National Association of Manufacturers (NAM)\\u2014joins host Damien Martin to discuss what he\\u2019s seeing in the data and hearing from members about the Tax Cuts and Jobs Act\\u2019s (TCJA) effect on manufacturers.

TIME STAMPS OF WHAT\\u2019S COVERED

  • [1:56] Why understanding the economy is important right now
  • [3:06] How tax reform is affecting manufacturers
  • [5:27] The TCJA provisions Chad sees as driving economic growth
  • [8:53] How to approach areas of uncertainty in the economy and the TCJA
  • [11:12] Key economic indicators Chad\\u2019s watching
  • [13:25] It\\u2019s your bottom line that really matters
  • [14:58] The number one challenge for manufacturers right now
  • [17:02] What NAM is hearing from members about hiring and capital spending after tax reform
  • [18:09] Making productivity-enhancing technology investments
  • [20:02] Ways to cut through the economic noise
  • [20:53] Why Chad\\u2019s bullish on manufacturing over the long term
  • [21:53] Advice for manufacturers that are waiting to take action after tax reform

BIO FOR GUEST

Chad Moutray is chief economist for the National Association of Manufacturers, where he serves as the NAM\\u2019s economic forecaster and spokesperson on economic issues. He frequently comments on current economic conditions for manufacturers through professional presentations and media interviews. He has appeared on Bloomberg, CNBC, C-SPAN, Fox Business and Fox News, among other news outlets.

Follow Chad on Twitter

Connect with Chad on LinkedIn\\xa0

Read more from Chad on NAM\\u2019s Shopfloor Blog

ADDITIONAL RESOURCES

2018 Second Quarter Manufacturers Outlook Survey

NAM\\u2019s Center for Manufacturing Research

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