PMPA Business Trends February 2022
The PMPA performance and sentiment indicators this month justify our optimism about the markets and employment prospects for our precision machining industry in 2022. It has been ten months since our Sales Index fell below 130. We are performing strongly, outpacing relevant FED industrial and manufacturing indicators. PMPA’s Sales Index tied with its second highest value of 152, which it had achieved in March of 2021. Sales Outlook, Lead Times and Employment prospects show strongly positive for the next three months.
If you are not currently participating in PMPA’s Monthly Business Trends reporting, you are missing a great peer benchmark and a tool to provide you with confidence for your business decisions. Contact Veronica Durden to sign up.