North American Manufacturers Anticipate Growth Despite Economic Challenges
North America, Thursday, 23 October 2025.
A Forvis Mazars survey finds 86% of manufacturing executives expect growth in 2026, reflecting strong sector confidence against broader economic fears.
Manufacturing Growth Expectations
Amidst a backdrop of economic uncertainty, North American manufacturers are expressing a robust sense of optimism about the upcoming year. According to a recent survey conducted by Forvis Mazars, 86% of manufacturing executives anticipate business growth in 2026. This optimism is underscored by a remarkable 98% of executives who expect increased sales, despite prevailing economic pressures [1].
Strategic Adjustments and Price Increases
In response to economic challenges, nearly all manufacturers (97%) plan to raise prices in the next year, with half predicting increases between 5% and 10% [1]. Additionally, 92% of executives are preparing to scale operations domestically to enhance production capabilities, reflecting a strategic focus on adaptation and resilience [1].
Investment in Technology and Innovation
The manufacturing sector’s optimism is further reflected in their commitment to technological advancements. Approximately 90% of manufacturers plan to implement major changes to their accounting and ERP platforms within the coming year, with nearly half targeting these updates in the next six months. This indicates a decisive move towards modernizing operational frameworks [1].
Broader Economic Context
This optimism from manufacturers contrasts with broader economic concerns, such as those highlighted in the Rabobank agribusiness review, which points to rising food inflation and pressures within the agricultural sector [2]. Additionally, the manufacturing industry’s resilience is part of a larger narrative of technological and infrastructural investments, as seen with Eos Energy’s recent expansion in Pennsylvania, which aims to boost manufacturing capacity and job creation [3]. These developments suggest a nuanced economic landscape where sector-specific strengths may counterbalance broader market uncertainties.