Manufacturing CEOs Support Vice President Kamala Harris’ Presidential Bid Yet Believe Former President Trump Will Win The White House, An Independent Survey Reveals
A recent survey by Xometry and Zogby Strategies reveals intriguing insights into manufacturing CEOs' views on the 2024 presidential race and industry trends. While 53% of CEOs credit Biden Administration policies for helping their businesses, 55% prefer Trump over Harris (38%) for the presidency. Despite this, Harris leads among Democratic contenders.
The survey also highlights optimism in the manufacturing sector:
- 71% of CEOs expect to surpass 2023 sales
- 75% are investing heavily in AI
- 51% are investing in automation
CEOs report significant ROI from AI investments and are less concerned about a potential recession. However, challenges persist, including difficulty finding qualified employees and concerns about geopolitical hotspots affecting business.
Un recente sondaggio condotto da Xometry e Zogby Strategies rivela interessanti approfondimenti sulle opinioni dei CEO nel settore manifatturiero riguardo alla corsa presidenziale del 2024 e alle tendenze del settore. Mentre il 53% dei CEO attribuisce ai provvedimenti dell'Amministrazione Biden il merito di aver aiutato le loro aziende, il 55% preferisce Trump rispetto a Harris (38%) per la presidenza. Nonostante ciò, Harris guida tra i candidati democratici.
Il sondaggio mette in evidenza anche un ottimismo nel settore manifatturiero:
- Il 71% dei CEO si aspetta di superare le vendite del 2023
- Il 75% sta investendo pesantemente nell'IA
- Il 51% sta investendo in automazione
I CEO segnalano un ritorno significativo sugli investimenti nell'IA e sono meno preoccupati riguardo a una potenziale recessione. Tuttavia, persistono delle sfide, tra cui la difficoltà nel trovare dipendenti qualificati e le preoccupazioni relative ai punti caldi geopolitici che influenzano il business.
Una reciente encuesta realizada por Xometry y Zogby Strategies revela perspectivas intrigantes sobre las opiniones de los CEOs de fabricación respecto a la carrera presidencial de 2024 y las tendencias de la industria. Mientras que el 53% de los CEOs atribuye a las políticas de la Administración Biden el éxito de sus negocios, el 55% prefiere a Trump sobre Harris (38%) para la presidencia. A pesar de esto, Harris lidera entre los candidatos demócratas.
La encuesta también destaca el optimismo en el sector de la fabricación:
- El 71% de los CEOs espera superar las ventas de 2023
- El 75% está invirtiendo fuertemente en IA
- El 51% está invirtiendo en automatización
Los CEOs reportan un retorno significativo de la inversión en IA y están menos preocupados por una posible recesión. Sin embargo, persisten desafíos, incluida la dificultad de encontrar empleados calificados y preocupaciones sobre los puntos críticos geopolíticos que afectan los negocios.
Xometry와 Zogby Strategies가 실시한 최근 설문조사는 2024년 대통령 경선과 산업 동향에 대한 제조업 CEO들의 견해에 대한 흥미로운 통찰을 보여줍니다. CEO의 53%가 바이든 정부의 정책이 자신의 비즈니스에 도움이 되었다고 평가하는 반면, 55%는 해리스를 제치고 트럼프를 선호합니다 (38%) 대통령 후보로. 그럼에도 불구하고 해리스는 민주당 후보 중에서 선두를 달리고 있습니다.
이번 설문조사는 제조업 부문에서의 낙관주의를 강조합니다:
- 71%의 CEO가 2023년 매출을 초과할 것으로 기대합니다
- 75%가 AI에 막대한 투자를 하고 있습니다
- 51%가 자동화에 투자하고 있습니다
CEO들은 AI 투자에서 상당한 투자 수익률(ROI)을 보고하고 있으며, 잠재적 경기 침체에 대해 덜 걱정하고 있습니다. 그러나 자격을 갖춘 직원을 찾는 데 어려움과 사업에 영향을 미치는 지정학적 위험에 대한 우려 같은 도전 과제가 여전히 존재합니다.
Une enquête récente réalisée par Xometry et Zogby Strategies révèle des perspectives intrigantes sur les opinions des PDG du secteur manufacturier concernant la course présidentielle de 2024 et les tendances de l'industrie. Alors que 53 % des PDG attribuent aux politiques de l'administration Biden d'avoir aidé leurs entreprises, 55 % préfèrent Trump à Harris (38 %) pour la présidence. Malgré cela, Harris est en tête parmi les candidats démocrates.
L'enquête souligne également l'optimisme dans le secteur manufacturier :
- 71 % des PDG s'attendent à dépasser les ventes de 2023
- 75 % investissent fortement dans l'IA
- 51 % investissent dans l'automatisation
Les PDG rapportent un retour sur investissement significatif grâce aux investissements dans l'IA et sont moins préoccupés par une éventuelle récession. Cependant, des défis persistent, notamment la difficulté de trouver des employés qualifiés et des préoccupations concernant les points chauds géopolitiques qui affectent les affaires.
Eine aktuelle Umfrage von Xometry und Zogby Strategies enthüllt interessante Einblicke in die Ansichten von CEOs der Fertigungsindustrie über das Präsidentschaftsrennen 2024 und Branchentrends. Während 53 % der CEOs die Politik der Biden-Administration dafür verantwortlich machen, ihren Unternehmen geholfen zu haben, bevorzugen 55 % Trump gegenüber Harris (38%) für die Präsidentschaft. Trotzdem liegt Harris unter den demokratischen Kandidaten vorne.
Die Umfrage hebt auch den Optimismus im Fertigungssektor hervor:
- 71 % der CEOs erwarten, die Verkaufszahlen von 2023 zu übertreffen
- 75 % investieren stark in KI
- 51 % investieren in Automatisierung
Die CEOs berichten von einem signifikanten ROI aus KI-Investitionen und sind weniger besorgt über eine potenzielle Rezession. Dennoch bestehen Herausforderungen, darunter die Schwierigkeit, qualifizierte Mitarbeiter zu finden, und Bedenken hinsichtlich geopolitischer Brennpunkte, die das Geschäft beeinträchtigen.
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- Xometry/Zogby Strategies’ Quarterly “American Manufacturing Resurgence” Survey Reveals Harris As CEO’s Top Pick Among Democratic Contenders
- While CEOs Say President Biden’s Policies Have Helped American Manufacturers, Most Believe Former President Trump Will Win Re-Election, And Approve His Selection of Sen. J.D. Vance As Vice President
- Despite Political Turmoil, Manufacturing CEOs Are Optimistic About The Future And Racing To Further Embrace AI And Automation
NORTH BETHESDA, Md., July 23, 2024 (GLOBE NEWSWIRE) -- Manufacturing CEOs support Vice President Kamala Harris’ bid for president over other Democratic contenders, and say President Joe Biden’s policies have helped support their businesses over the last 3.5 years. Yet the majority of CEOs say former President Trump’s pick of Sen. J.D. Vance as running mate has bolstered Trump’s chances at recapturing the White House, according to the latest “American Manufacturing Resurgence” survey conducted in partnership by Xometry, the global AI-powered manufacturing marketplace, and the international polling firm Zogby Strategies.
The findings from the eighth consecutive quarterly survey also show that
Despite the fast-moving events of the last week-and-a-half, manufacturing CEOs remain confident in their outlook, with the overwhelming majority saying they are on track to beat 2023 sales. They are also looking to the future, rapidly deploying AI and investing heavily in automation to further compete on the global stage.
Among the poll’s other key findings:
71% of CEOs, up from68% last quarter, are on track to beat 2023 sales.75% of CEOs, up from66% last quarter, are investing heavily in AI. More than half (51% ) are investing in automation, up from39% last quarter.- Nearly
60% of CEOs who have invested in AI say they have already seen a significant ROI, up from39% . - Fewer CEOs believe a black swan event, such as a recession, is likely to occur (down to
51% from57% ) but25% of CEOs said they remain concerned about inflation 57% of CEOs report having difficulty finding enough qualified employees, and slightly more than half (55% ) support expanding the country’s immigration policies to bring more talent into the country.- Slightly less than half (
49% ) of CEOs say turmoil in the Middle East followed by the ongoing war in Ukraine (20% ) are the two geopolitical hotspots most likely to affect their business in the latter half of 2024.
“America’s manufacturing industry is the backbone of our domestic and global economies, and CEOs are watching this year’s presidential race perhaps more closely than ever given the potential impact on domestic manufacturing,” said Randy Altschuler, CEO of Xometry. “While CEOs in the survey appear to favor President Trump this November, they also acknowledge the Biden Administration’s signature pieces of legislation that have helped their businesses. Apart from politics, CEOs are optimistic about the future and are accelerating their investments in AI and automation to increase efficiency and gain a competitive edge in the global market.”
“The data shows manufacturing in the US remains resilient as CEOs embrace and race towards AI and automation with healthy ROI already realized,” said Jeremy Zogby, Managing Partner of Zogby Strategies. “Regarding the 2024 election, there is a strong sense among this key cohort that the stakes are the highest ever for their business. Their perception is a Trump Administration will drive innovation more so than any other candidate tested.”
Methodology
Xometry commissioned John Zogby Strategies to conduct quarterly online nationwide surveys of 150 executives of small-, medium-, and large manufacturing companies. The survey was conducted July 16 through July 18, 2024.
About John Zogby Strategies
John Zogby Strategies has conducted polling in 195 countries, polling consumers, voters, and businesses. John Zogby Strategies is known for accuracy, quick turnaround, and command of culture, politics, and demographic trends, with the utmost attention to quality data from astute fieldwork and meaningful analysis. Learn more at www.johnzogbystrategies.com.
Xometry’s two-sided marketplace plays a vital role in the rapid digital transformation of the manufacturing industry. Xometry’s proprietary technology shortens development cycles, drives efficiencies within corporate environments and helps companies create resilient supply chains. Xometry’s product portfolio includes: its industry leading digital marketplace; popular Thomasnet® industrial sourcing platform, and cloud-based tools, including Xometry Teamspace, centralized project management software for large, mission-critical projects.
About Xometry
Xometry’s (NASDAQ:XMTR) AI-powered marketplace, popular Thomasnet® industrial sourcing platform and suite of cloud-based services are rapidly digitizing the manufacturing industry. Xometry provides manufacturers the critical resources they need to grow their business and makes it easy for buyers to create locally resilient supply chains. The Xometry Instant Quoting Engine® leverages millions of pieces of data to analyze complex parts in real-time, matches buyers with the right suppliers globally, and provides accurate pricing and lead times. Learn more at www.xometry.com or follow @xometry.
Media Contacts:
Illume Public Relations
Illume PR for Xometry
xometry@illumepr.com
Matthew Hutchison
Global Corporate Communications
Matthew.Hutchison@xometry.com
Investor Contact:
Shawn Milne
Investor Relations
240-335-8132
Shawn.Milne@xometry.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9bcf77a3-1253-4363-b9d8-1aefad4c4b4b
FAQ
Who do manufacturing CEOs support in the 2024 presidential race according to the Xometry/Zogby survey?
How has the selection of J.D. Vance as Trump's running mate affected his chances according to manufacturing CEOs?
What percentage of manufacturing CEOs are investing in AI according to the Xometry survey?
How many manufacturing CEOs expect to beat their 2023 sales according to the Xometry/Zogby survey?
What are the main geopolitical concerns for manufacturing CEOs in 2024 according to the Xometry survey?
