Economy
September 3, 2019
Metalformers Apprehensive About Business Conditions
Written by Sandy Williams
The metalforming sector continues to express uncertainty about near-term business conditions, according to the August 2019 Precision Metalforming Association Business Conditions Report.
The August report shows that 27 percent of participants anticipate an improvement in economic activity during the next three months (an increase from just 16 percent in July), 46 percent expect no change in activity (a decrease from 60 percent in July), and 27 percent predict a decline in activity (as compared to 24 percent last month).
