Deloitte and The Manufacturing Institute Release Report

Deloitte, an audit, consulting, tax and advisory company headquartered in London, England, and the Manufacturing Institute, Washington, DC, released their study findings based on two recent surveys of executives and consumers about US manufacturing. Topics discussed in the surveys include industry perceptions and information about attracting and retaining talent.

According to the surveys, perceptions do not reflect the current level of technological advances, benefits and salary levels in the industry. However, the manufacturing sector should bring public perceptions in line with the current reality of the industry to attract the stable, skilled workforce needed for economic growth and global competitiveness. While 84% of manufacturing jobs that were lost during 2020 were added back to payrolls, turnover for these positions remain high. The survey results show that manufacturers should involve existing employees and evolve the work and workplace to improve retainment rates. For more information, visit www.themanufacturinginstitute.org.