ITR Economic Report – May 2018

 

 

The Institute for Trend Research (ITR) quarterly reports focus on major areas of economic growth and decline in key market segments for the Precision Machined Products Industry. They are provided to PMPA members as part of the association’s overall business intelligence program and are used as a management tool to help PMPA members plan for what lies ahead and which markets they should focus on in a complex manufacturing environment. 

 

 

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PMPA Business Trends May 2018

 

With 86 companies responding, the PMPA Business Trends Index for May 2018 rebounded five points to 138, highest May on record and 2 standard deviations above the 5 year average for the index in May. The five point increase represents a 3.8% increase in Sales for our responding shops, and raises the calendar year average by a point to 136. The 2018 May index of 138 is 6.2% higher than May 2017’s 130 value. This is our Index’s highest value recorded for May, and is our second highest value ever recorded (March 2018’s 143 was the highest ever). Our year to date average is 136, up 11 points or 8.8% over 2017’s year-end average of 125. We are at 106% of where we were a year ago in May.

 

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OSHA Beryllium News

 

Wednesday May 09, 2018

Delay of Enforcement of the Beryllium Standards

May 11, 2018 is the day if your shop machines Beryllium

“… we have decided to delay enforcement of the general industry standard by 60 days until May 11, 2018. Furthermore, to ensure employers have adequate notice before OSHA begins enforcing them, as well as in the interest of uniform enforcement and clarity for employers, we have decided to also delay enforcement of the PEL and STEL in the construction and shipyard standards until May 11, 2018. No other parts of the construction and shipyard beryllium standards will be enforced without additional notice. In the interim, if an employer fails to meet the new PEL or STEL, OSHA will inform the employer of the exposure levels and offer assistance to assure understanding and compliance. No provisions of the beryllium final rule may be enforced until May 11, 2018. Please notify your staff of this delay.”

www.osha.gov/laws-regs/standardinterpretations/2018-03-02

 

OSHA Direct Final Rule Clarifying Beryllium Standard for General Industry Becomes Effective July 4, 2018

OSHA’s direct final rule (DFR) for its beryillum standard for general Industry will become effective on July 4, 2018, according to the  OSHA Trade Release published May 4, 2018. Notice can be found here: www.osha.gov/news/newsreleases/trade/05042018

The DFR clarifies aspects of the standard for general industry as it applies to processes, operations, or areas where workers may be exposed to materials containing less than 0.1% beryllium by weight.

Link to OSHA DFR for Beryllium for General Industry: s3.amazonaws.com/public-inspection.federalregister.gov/2018-09306.pdf