Economy
October 22, 2013
PMA Pessimism Due To Federal Failure?
Written by Sandy Williams
A decline in business activity is forecast for the next three months by metalforming companies participating in the October Precision Metalforming Association (PMA) Business Conditions Report.
Survey participants also expect incoming orders to decline over the next three months. The forecast was similar to September’s predictions but PMA President William E. Gaskin indicated the pessimism may be due to concern over the federal budget situation.
