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The first of every month, Precision Metalforming Association’s (PMA) manufacturing members are asked to express their opinions on current and future business trends.
Monthly percentages for each question equal 100%. The trend line will move up or down depending on whether responses are more or less positive. The higher the trend line, the greater the ratio of respondents who answered with the top option as opposed to the bottom option. If there are an equal number of answers for the top, middle and bottom options, the trend line will be directly in the middle of the graph.
This month’s report reflects the views of 123 PMA manufacturing members. Information is reported based on conditions as of January 1, 2018.
The monthly Business Conditions Report has been conducted by PMA since 1979. Full report results are available at http://www.pma.org/public/business_reports/pdf/BCREP.pdf. PMA is the full-service trade association representing the $137-billion metalforming industry of North America—the industry that creates precision metal products using stamping, fabricating, spinning, slide forming and roll forming technologies, and other value-added processes. Its nearly 800 member companies also include suppliers of equipment, materials and services to the industry. PMA leads companies toward superior competitiveness and profitability through advocacy, networking, statistics, the PMA Educational Foundation, FABTECH and METALFORM Mexico tradeshows, and MetalForming, Fabricating Product News and 3D Metal Printing magazines.
Contact: Christie Carmigiano
Precision Metalforming Association
216-503-5716
ccarmigiano@pma.org