Economy
October 25, 2017
Metalformers Less Optimistic in October
Written by Sandy Williams
After greeting September with increased optimism, metalforming companies are now expecting business conditions to weaken slightly in the next three months, according to the October 2017 Precision Metalforming Association (PMA) Business Conditions Report. Metalforming companies also anticipate declines in incoming orders.
“Ebbs and flows in productivity are a part of today’s manufacturing industry,” said PMA President Roy Hardy. “Slight downturns can be caused by uncertainty over regulations from Washington or the unpredictability of available skilled workers in our communities.”
