Manufacturers worldwide remain optimistic about the near-term outlook for their businesses. They are using the low-growth environment to become leaner and more efficient. Since 2011, manufacturers have become slightly more bullish that an upswing in the global economy is imminent. They are ramping up their innovation activity, finding ways to increase efficiency (for example, by improving the ways they manage costs and optimize their supply chains), and add value to their offerings simultaneously. This is stated in "Global Manufacturing Outlook 2012: Fostering Growth Through Innovation," an Economist Intelligence Unit (EIU) report sponsored by KPMG.