There are over 190,000 manufacturing businesses across the United States with fewer than 20 employees. The Xometry Small Manufacturing Index (SMI) highlights the outlook of those manufacturers on a quarterly basis.

The August 2017 SMI showed more year-over-year and month-over-month growth optimism for small to mid-size manufacturers than April 2017.

  • 59% of surveyed manufacturers in August reported that they were likely to see strong to mild year-over-year growth, compared to 43% of those surveyed in April.
  • 49% of surveyed manufacturers in August reported that they were likely to see strong to mild month-over-month growth, compared to 42% in April.
A subset of manufacturers that use online manufacturing platforms indicated a higher level of expected year-over-year growth, with 70% expecting to see growth this quarter compared to the same time last year – a 5% improvement from last quarter’s survey.

Compared to this same month last year, how would you rate your anticipated business this month?

Compared to this same month last year, how would you rate your anticipated business this month?

Compared to last month, how would you rate your anticipated business this month?

Compared to last month, how would you rate your anticipated business this month?