In a Contentious Election Year, Tax Reform and Regulations Cited as Important Factors in 2016 Manufacturers' Economic Survey

Manufacturing|Tax Reform

By Evan Ogrodnik

Tax reform, environmental laws and other government regulations were cited among the factors most likely to impact manufacturers in the coming year, according to the results released this week from the annual Schneider Downs Manufacturers’ Economic Survey.

This year’s survey provides unique insights into the minds and opinions of manufacturing leaders from companies with regional, national and international focuses.

Manufacturers will always have their eyes on taxes and new legislation. What stood out this year is that many of the factors respondents said were most impactful to their company and the industry were directly tied to governmental influence, including:

  • Trade laws
  • Tax reform
  • Government regulations
  • Healthcare
  • Environmental laws

Perhaps the fact that 2016 was an election year weighed heavily on the minds of the survey participants. Certainly the Presidential campaign made clear that these were hot-button topics during a contentious election season. These issues, among many others, were at the forefront of debates, political ads and media coverage, and, according to the manufacturers we surveyed, these issues remain important to their industry.

Get the Manufacturers Survey Results and Share Your Opinion

Get the results – and analysis – of the 2016 Schneider Downs Manufacturers’ Survey in a free, downloadable whitepaper https://www.schneiderdowns.com/2016-manufacturers-economic-survey on the Schneider Downs website. Once you’ve read the report, we hope you’ll take the time to share your feedback with us.

You’ve heard our thoughts… We’d like to hear yours

The Schneider Downs Our Thoughts On blog exists to create a dialogue on issues that are important to organizations and individuals. While we enjoy sharing our ideas and insights, we’re especially interested in what you may have to say. If you have a question or a comment about this article – or any article from the Our Thoughts On blog – we hope you’ll share it with us. After all, a dialogue is an exchange of ideas, and we’d like to hear from you. Email us at contactSD@schneiderdowns.com.

Material discussed is meant for informational purposes only, and it is not to be construed as investment, tax, or legal advice. Please note that individual situations can vary. Therefore, this information should be relied upon when coordinated with individual professional advice.

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