Financial Concerns Rise Among Manufacturing Workers
Confidence among manufacturing workers declined for the third consecutive month in January, as the sector’s Hudson Employment Index (SM) dropped 2.2 points to 77.4. Financial concerns helped drive the decline. In contrast, the Index for manufacturing workers was more than 11 points stronger last January, when it registered 88.9. The composite Index, which is based on responses from approximately 9,000 workers across all occupations, held steady at 89.0.