Economy
June 30, 2017
Metalformers Expect Flat Business Conditions
Written by Sandy Williams
Metalforming companies are not expecting much change in business conditions in the next three months. The latest Precision Metalforming Association (PMA) Business Conditions Report indicates that only 34 percent of survey participants predict an improvement in general economic activity, while 58 percent predict no change.
Orders are expected to be steady or slightly better in the coming months. Current shipping levels were strong but unchanged from June.
