PMPA Business Trends September 2018

 

“Strong September Sales- Strong 3Q for Industry Shops”

 

With 83 companies responding, the PMPA Business Trends Index for September 2018 declined 7.7 percent from August’s record high of 143 to 132. Our Sales index is 106% of its value one year ago. This is the first time on record that we have recorded such a high September- The five-year average for September is 119.6, making this September reading 10.4% higher than the five-year average for September’s index. Demand has been strong for our precision machined products. Our year to date average is 135, up 10 points or 8% over 2017’s year-end average of 125. We are at 107% year to date.

 

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Published September 2018

By PMPA Staff

Precision machined products industry professionals are invited to participate in PMPA’s Annual Meeting this fall at the Ritz-Carlton Grande Lakes in Orlando, Florida. This is the place for senior management and company owners to connect and learn from one another by actively participating in this conference.

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