Steady business conditions anticipated by metalforming companies

Source: PlantServices.com

By Plant Services Staff

Sep 30, 2011

According to the September 2011 Precision Metalforming Association (PMA) Business Conditions Report, metalforming companies anticipate steady business conditions during the next three months.

The September report shows that 54% of participants expect economic activity to remain unchanged during the next three months (up from 47% in August), 24% predict that activity will improve (compared to 29% last month) and 22% report that activity will decline (down from 24% in August).

Metalforming companies also expect little change in incoming orders during the next three months, with 33% predicting an increase in orders (down from 35% in August), 47% anticipating no change (compared to 38% last month) and 20% predicting a decrease in orders (down from 27% in August).

Learn more about the September 2011 Precision Metalforming Association (PMA) Business Conditions Report

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