PMPA Business Trends June 2019

 

“Sales Index Declines to Five-Year Average in June 2019!”

 

With 78 companies responding, the PMPA Business Trends Index for June 2019 declined 11 points or (7.8%) to 129. This 129 value happens to be the actual Average for June for the immediate five years prior, from 2014-2018. Obviously much can be made of such a substantial decline, but when one considers that we have been having such outsized performance the prior five months of the year, reverting to the mean doesn’t seem at all that bad. Our year to date average is 138, up 4 points or 3% over 2018’s year-end average of 134. June 2019 is at 93% of June 2018 Sales. We are up 1% year to date.

 

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Published June 2019

By Miles Free III

Every year, we review the top 10 OSHA violations for the prior calendar year in order to help our members proactively make their shops safer and more compliant. OSHA just released its “Top 10 Violations” at the National Safety Council Congress and Expo. As we reviewed the top reported violations, we noticed a trend. A surprising trend. Let’s see if you can notice it, too.

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Published June 2019

By PMPA Staff

Today, JC Gibbons Manufacturing is run by Jerry Gibbons’ sons, Jeff and Dan Gibbons, and has become a leading manufacturer of precision CNC machining services and screw machine products for a number of different industries, including automotive, HVAC, specialty and custom fasteners, defense, electronics and musical instruments.

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