Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Metalformers Expect Steady Business
Sep 22, 2011
 Printable format
 Email this Article
 Search

Metalforming companies anticipate steady business conditions in the next three months according to the September 2011 Precision Metalforming Association (PMA) Business Conditions Report.

The report is an economic indicator for manufacturing, sampling 145 metalforming companies in the United States and Canada.

In September:
• 54% of participants expect economic activity to remain unchanged in the next three months, up from 47% in August
• 24% expect activity will improve, down from 29% in August
• 22% expect activity will decline, down from 24% in August

In terms of expected change in incoming orders in the next three months:
• 33% of respondents in September predict an increase in orders (compared to 35% in August)
• 47% anticipate no change (38% in August)
• 20% predict a decrease in orders (27% in August)

Average daily shipping levels increased slightly in September:
• 33% of participants reported shipping levels above levels of three months ago (up from 27% in August)
• 40% report shipping levels are the same (42% in August)
• 27% report a decrease (31% in August)

Metalforming companies with some of their workforce on short time or layoff was at 12% in September, the same as in August, an improvement from 19% in September 2010.

"Metalforming companies anticipate steady business conditions for September through November, prior to the slowdown that generally is experienced during the holiday season,” said PMA President William E. Gaskin.

Back to Daily News

 

Daily News

...........................................................

Apr 23, 2014: Bosch Home Appliances Garners EPA Energy Star Partner of the Year - Sustained Excellence Award

Apr 23, 2014: AO Smith Develops Ultra-Low NOx, Compact Commercial Water Heater for California

Apr 23, 2014: Dacor Launches First North American Cooktop with Touch Control

Apr 23, 2014: Existing-Home Sales Show Slight March Decrease

Apr 23, 2014: CEA: Consumer Sentiment Down in April

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows