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Manufacturing Business Leaders Remain Anxious in First Quarter.

05-09-2016 12:21 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Hasit Vibhakar

TUCSON, AZ--(OpenPR – May 4th, 2016) - The National Association of Manufacturers (NAM) issued the first quarter results of its 2016 Manufacturers’ Outlook Survey today. The report shows a continued decline in sentiment among manufacturing executives and anxiety over the faltering global business climate. In fact, more than 70 percent of respondents felt that the U.S. Federal Reserve should wait until the economy improves before considering additional rate hikes. The Federal Reserve is slated to meet next quarter where the course of action on interest rates will be discussed.

“In spite of improved overall economic data of late, the manufacturing sector remains challenged,” said Hasit Vibhakar CEO & President. “With discouraging data—from declining manufacturing production to a downshift in demand and shipments—it’s no wonder manufacturers remain anxious.

“Our challenges are far from over, and this survey’s data make it clear that global headwinds and inaction in Washington on pro-manufacturing policies continue to hamper manufacturers’ outlook. In terms of policies that will help to turn around the manufacturing sector, business leaders will continue to embrace pro-growth initiatives, especially in this all-important election year,” stated Hasit Vibhakar

About Hasit Vibhakar

Hasit Vibhakar is a proactive, performance-driven middle market executive with 20 years + progressive expertise in C-level leadership and problem solving for additive manufacturing, advanced CNC manufacturing, Additive Manufacturing, 3D Printing, supply chain, technology services, and startup operations. Proven track record of enhancing enterprise value and shareholder value. Experienced at building small cap and middle market companies.

Hasit Vibhakar is an Industrialist specializing in strategic direction and growth. A seasoned c-level business executive with many years of proven track record of building enterprise value and shareholder value. He has successfully started eight technology, industrial and manufacturing enterprises and all have been successfully acquired at premium multiples in the industry. Prior to being a serial entrepreneur he has been employed with leading aerospace, telecom, technology, industrial and supply chain based companies.

About Hasit Vibhakar

Hasit Vibhakar is a proactive, performance-driven middle market executive with 20 years + progressive expertise in C-level leadership and problem solving for additive manufacturing, advanced CNC manufacturing, Additive Manufacturing, 3D Printing, supply chain, technology services, and startup operations. Proven track record of enhancing enterprise value and shareholder value. Experienced at building small cap and middle market companies.

Hasit Vibhakar is an Industrialist specializing in strategic direction and growth. A seasoned c-level business executive with many years of proven track record of building enterprise value and shareholder value. He has successfully started eight technology, industrial and manufacturing enterprises and all have been successfully acquired at premium multiples in the industry. Prior to being a serial entrepreneur he has been employed with leading aerospace, telecom, technology, industrial and supply chain based companies.

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