Hot off the Press

Metalforming companies expect business to remain steady for the next three months, according to the September 2018 Precision Metalforming Association (PMA) Business Conditions Report. The monthly report, a sampling of 110 metalforming companies in the United States and Canada, shows that 28 percent of participants forecast an improvement in economic activity during the next three months (compared to 29 percent in August) and 62 percent expect no change (the same as last month). Only 10 percent anticipate a decline in activity (up slightly from 9 percent in August).