The survey of 275 manufacturers finds that 57 per cent say they have paused, reduced or cancelled capital expenditure projects due to economic uncertainty and trade and tariff threats, while 42 per cent have scaled back or paused research and development spending. More than half (52 per cent) say they are currently operating in “endurance mode.”
KPMG website
42 per cent say they have already moved production to the U.S. or are considering doing so 29 per cent have moved some or all production
13 per cent have not yet moved production but plan to move some or all; of those considering relocation, 77 per cent expect to move within two years
More than half (52 per cent) of manufacturers say they are operating in “endurance mode”
57 per cent have paused, reduced or cancelled capital investment projects (CAPEX)
36 per cent scaled back
12 per cent paused
9 per cent cancelled
42 per cent have paused or reduced research and development (R&D) investment due to economic uncertainty and trade and tariffs
27 per cent scaled back
15 per cent paused
KPMG website
42 per cent say they have already moved production to the U.S. or are considering doing so 29 per cent have moved some or all production
13 per cent have not yet moved production but plan to move some or all; of those considering relocation, 77 per cent expect to move within two years
More than half (52 per cent) of manufacturers say they are operating in “endurance mode”
57 per cent have paused, reduced or cancelled capital investment projects (CAPEX)
36 per cent scaled back
12 per cent paused
9 per cent cancelled
42 per cent have paused or reduced research and development (R&D) investment due to economic uncertainty and trade and tariffs
27 per cent scaled back
15 per cent paused
Comment