Economy
October 25, 2015
Metalforming Firms Expecting Softer Business Conditions
Written by Sandy Williams
The Precision Metalforming Association expects continuing weaker business conditions for the next three months. The PMA’s October Business Conditions Report showed a “minor, but continuing,” downturn in economic activity along with anticipation that orders will soften in the coming months.
Current daily shipping levels dipped in October with 33 percent of survey participants reporting a decrease in shipping levels (up from 31 percent in September).
