Hot off the Press

While business remains steady, metal forming companies remain concerned about near-term conditions, according to the July 2019 Precision Metalforming Association (PMA) Business Conditions Report.

The monthly report, a sampling of 111 metal forming companies in the United States and Canada shows that 60 percent of respondents expect no change (compared to last month’s 59 percent). Meanwhile, only 16 percent predict an improvement in economic activity during the next three months (down from last month’s 20 percent), and 24 percent anticipate a decline in activity (up from last month’s 21 percent).