Simeon Wallis and Michael Lange from Aprio bring us the latest quarterly manufacturing outlook

Episode 94 once more features our friends from Aprio, a CPA-led advisory firm with over 700 clients in their Manufacturing and Distribution Practice. Simeon Wallis and Michael Lange join us to discuss their latest quarterly "Manufacturing and Distribution Insights" report, which is a great look into the state of business for American industry.

Simeon is Chief Investment Officer and leader of Aprio’s Wealth Management Practice, and Michael is Partner in Assurance Services at Aprio, so they bring a whole lot of expertise to the subject.

The latest issue had more good news for manufacturers, including a slight rise in manufacturing sentiment from the Institute for Supply Managers and a boom in plant construction spending. But there were also indications of weakening demand, and a fresh ISM report came out after we recorded showing a decline in the outlook of industry professionals. Michael and Simeon dive into all the details of their report and give their insights about the current state of things and where they think we're headed.

Tune in and hear the whole expert story!

View the Aprio quarterly insights report here: https://www.aprio.com/6-manufacturing-distribution-insights-from-q1-2024-and-what-they-mean-for-you/

This episode aired originally on March 12, 2024.