Optimism High at Metalforming Companies

A majority of metalforming companies surveyed in the February Precision Metalforming Association Business Conditions Report expect improvement in economic activity during the next three months. The latest report showed 97 percent anticipate better conditions going forward.

“The Trump administration has shown strong leadership on important policy initiatives like tax reform and infrastructure, which give confidence to U.S. manufacturers,” said PMA President Roy Hardy. “The administration should continue its support for domestic manufacturing by resisting calls to place restrictions on steel imports, a move that would limit American manufacturers’ ability to make value-added products here at home and undermine our competitiveness around the world.”