Dealmakers continue to express more optimism about M&A a year from now than a few months from now, and the manufacturing sector is no exception, according to Mergers & Acquisitions’ Mid-Market Pulse (MMP). The 3-month manufacturing score is 59.7, whereas the 12-month score is 61.4. (See related chart).
The numbers for the sector have been declining since early 2014, when survey respondents gave manufacturing a 3-month score of 80.6 and a 12-month score of 81.8. Among the factors mentioned by survey participants are: volatile energy prices; the tightening of credit (the subject of Mergers & Acquisitions’ May cover story); and the uncertainty of the U.S. presidential elections.