PMA Report: Metal Formers’ Outlook Cautious

The outlook among metal forming manufacturers is cautious heading into the final quarter of 2024, while shipping levels rose moderately, according to the September 2024 Precision Metalforming Association (PMA) Business Conditions Report. The report shows that 54% of manufacturers responding to PMA’s survey expect no change in economic activity in the next three months (up from 47% last month), 31% forecast a decrease in activity (compared to 38% in August) and 15% anticipate an increase in activity (the same percentage reported in August).

See also: Precision Metalforming Association

Technologies: Management

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