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Spring Business Bounces Upward

Spring Business Bounces Upward

Wednesday, August 18, 2004
 
Manufacturers in the North American spring industry have enjoyed their fourth consecutive quarter of increased business activity, according to the Spring Manufacturers Institute (SMI), Oak Brook, IL. In its second-quarter 2004 Key Business Trends Survey, SMI shows that 78 percent of its reporting companies indicated an increase in business for the quarter ending June 30, 2004. None of the reporting companies noted a business decline over the period. The survey also noted an increase in lead times and work hours, and that the forecast for future quarters is favorable. Learn more at www.smihq.org.

 

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