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The manufacturing industry is building back fast, undeterred past meaning labor and supply concatenation challenges. To maintain this momentum, manufacturers should navigate elevated risks while advancing sustainability priorities. Our 2022 outlook explores five manufacturing manufacture trends that tin can aid organizations plow risks into advantages and capture growth.

Competing in the new marketplace demands business agility

Information technology'southward unusual to run across positive economic indicators paired with historic labor and supply concatenation challenges. Just this is the trajectory for the US manufacturing industry in 2022 emerging from the pandemic. The recovery gained momentum in 2021 on the heels of vaccine rollout and rising need. As industrial production and capacity utilization surpassed pre-pandemic levels midyear, strong increases in new orders for all major subsectors signal growth continuing in 2022.

Nevertheless, optimism around acquirement growth is held in check by caution from ongoing risks. Workforce shortages and supply chain instability are reducing operational efficiency and margins. Business concern agility can exist critical for organizations seeking to operate through the turbulence from an unusually quick economical rebound—and to compete in the next growth period. Equally leaders expect not only to defend against disruption just strengthen their criminal offence, our 2022 manufacturing industry outlook examines five important trends to consider for manufacturing playbooks in the twelvemonth ahead.

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Paul Wellener

US Industrial Products & Structure Leader

Paul is a Vice Chair, Deloitte LLP, and the leader of the US Industrial Products & Structure practice with Deloitte Consulting LLP. He has more than iii decades of experience in the industrial pr... More

Kate Hardin

Director, Deloitte Services LP

Kate Hardin, executive director of Deloitte'due south Enquiry Center for Energy and Industrials, has worked in the energy industry for 25 years. She leads Deloitte's research team roofing the implications o... More

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