Following the pattern of last year, in which we finished up X%  year over year, our March 2019 Business trends reports logs a new record  of 147, up 14 points or 10.5% over February 2019’s 133. it is up 8.8% over the five year sales index average for March.
This is a new high for our index.
In March of 2018, we posted “…the PMPA Business Trends Index for March 2018 increased 14 points or 10.8% over February to 143, the highest value for the Business Trends Index EVER!” At 143, the index is up 11.2 points or 8 percent above that for the five year average for March Sales index.”

Deja vu Sales performance for the precision Machining Industry!

 

Why this matters:

Our performance and sentiment indicators this month justify our continued optimism about the markets and employment prospects for our precision machining industry in 2019. This auspicious start to 2019 builds a foundation for continued growth and prosperity for our shops in the year ahead.
Oh almost forgot: “Prospects for employment are positive with ninety-four percent (94%) expecting level or
increased opportunities for employment.”

PMPA Business Trends April 2019

 

“Sales Index 2019 YTD – Very Strong Forward Sentiment”

 

With 81 companies responding, the PMPA Business Trends Index for April 2019 came in at 136, up 3 points (2.26%) from April 2018’s value of 133. This is our Index’s highest value recorded for April, making April 2019 our 5th highest month ever recorded. At 136, the April index is up 11.2 points or 9.0% over the 5-year average of 124.8 for the April Sales Index. Our year to date average is 140, up 6 points or 4.5% over 2018’s year-end average of 134. We are at 102% of where we were a year ago in April. See the Special Note at the end of this report.

 

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April 2019  |  Craftsman’s Cribsheet #76

An accident is an unplanned occurrence in a production setting where a person is injured. An incident without injury is what many people call a “near-miss.” Your employer should have an emergency plan to deal with accidents and injuries in your shop. The following list is a refresher in the event that you can’t find your employer’s plan and you encounter an accident involving a coworker.

 

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