Economy
June 1, 2016
Metalformers Expect A Minor Downturn in Business Conditions
Written by Sandy Williams
The metalforming industry is expecting a slight dip in business conditions in the next three months according to the May 2016 Precision Metalforming Association (PMA) Business Conditions Report.
The May report, sampling 114 metalforming companies in the United States and Canada, indicated companies are expecting incoming order levels to remain unchanged during the next few months. Shipping levels in May were reported as trending downward.
