Mild Optimism by Metalformers in December

Metalforming companies are expecting a slight improvement in business conditions over the next three months, according to the December survey by the Precision Metalforming Association. PMA says low fuel prices may help offset manufacturing costs. Low gas prices may also push surging auto sales into 2015. The December report follows:

CLEVELAND, OH—December 18, 2014—According to the December 2014 Precision Metalforming Association (PMA) Business Conditions Report, metalforming companies expect a slight improvement in business conditions during the next three months. Conducted monthly, the report is an economic indicator for manufacturing, sampling 119 metalforming companies in the United States and Canada.