Description

Chad Moutray—chief economist for the National Association of Manufacturers (NAM)—joins host Damien Martin to discuss what he’s seeing in the data and hearing from members about the Tax Cuts and Jobs Act’s (TCJA) effect on manufacturers.

TIME STAMPS OF WHAT’S COVERED

• [1:56] Why understanding the economy is important right now
• [3:06] How tax reform is affecting manufacturers
• [5:27] The TCJA provisions Chad sees as driving economic growth
• [8:53] How to approach areas of uncertainty in the economy and the TCJA
• [11:12] Key economic indicators Chad’s watching
• [13:25] It’s your bottom line that really matters
• [14:58] The number one challenge for manufacturers right now
• [17:02] What NAM is hearing from members about hiring and capital spending after tax reform
• [18:09] Making productivity-enhancing technology investments
• [20:02] Ways to cut through the economic noise
• [20:53] Why Chad’s bullish on manufacturing over the long term
• [21:53] Advice for manufacturers that are waiting to take action after tax reform

BIO FOR GUEST

Chad Moutray is chief economist for the National Association of Manufacturers, where he serves as the NAM’s economic forecaster and spokesperson on economic issues. He frequently comments on current economic conditions for manufacturers through professional presentations and media interviews. He has appeared on Bloomberg, CNBC, C-SPAN, Fox Business and Fox News, among other news outlets.

Follow Chad on Twitter

Connect with Chad on LinkedIn 

Read more from Chad on NAM’s Shopfloor Blog

ADDITIONAL RESOURCES

2018 Second Quarter Manufacturers Outlook Survey

NAM’s Center for Manufacturing Research

GET MORE SIMPLY TAX

A complete archive of our episodes is available on our website and YouTube playlist.

We’d love to hear from you! Email feedback and questions to SimplyTax@bkd.com.

Connect with Damien on social media!

LinkedIn | Twitter | Instagram