Economy
June 1, 2019
Metalformers Expect Deteriorating Business Conditions
Written by Sandy Williams
Metalforming companies are expecting a downward trend in business conditions for the next three months, according to 119 metalforming companies surveyed by the Precision Metalforming Association.
The PMA Business Conditions Report for May shows only 19 percent of those surveyed expected economic activity to improve. About 24 percent expected orders to decline, an increase from 18 percent in the last survey.
