Manufacturing Worker Confidence Rises to 2006 High
Confidence among manufacturing workers continued to rise in December, as the sector’s Hudson Employment Index SM jumped six points to 97.4, tying the 2006-high. Increased optimism regarding personal finances and a decrease in expected layoffs spurred the uptick. The latest reading came in nearly four points higher than last December’s reading of 93.5. In contrast, the national Index, based on responses from approximately 9,000 workers nationwide across all industries, decreased 2.6 points to 102.7.
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