Metalforming companies expect little change in business conditions

Source: Precision Metalforming Association (PMA)

Jun 19, 2013

According to the June 2013 Precision Metalforming Association (PMA) Business Conditions Report, metalforming companies expect little change in business conditions during the next three months. Conducted monthly, the report is an economic indicator for manufacturing, sampling 117 metalforming companies in the United States and Canada.

The June report shows that 59% of participants predict that economic activity will remain unchanged during the next three months (compared to 63% in May), 28% believe that activity will improve (up from 23% in May) and 13% forecast that activity will decline (compared to 14% in May).

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