Economy
January 4, 2017
PMA Expects Spike in Economic Activity in Q1
Written by Sandy Williams
Precision Metalforming Association members are looking forward to a spike in economic activity in the first quarter of 2017. The December 2016 survey of 115 metalforming companies in the U.S. and Canada shows 43 percent are expecting improved activity in the next three months, up from 21 percent in November. New orders are expected to jump as well.
Members report that lead times and average daily shipping levels were steady in December.
