Economy
February 26, 2020
February PMA Shows Continued Optimism
Written by Sandy Williams
Metalforming companies continue to be optimistic about the economy, according to the February 2020 Precision Metalforming Association (PMA) Business Conditions Report.
When asked to predict economic activity for the next three months, 30 percent of members surveyed said they expect an improvement, down from 32 percent in January. Only 10 percent expect a decline. The remainding 60 percent (up from 55 percent) anticipate no change in activity.
