PMPA Business Trends August 2022

The PMPA Business Trends Index increased from 154 in July to 173 in August, a gain of 19 points and 12.3 percent. This is our index’s third highest monthly value ever. For the year, our index is up 22 points over 2021 calendar year average, an increase of 15.6 percent. While sentiment indicators suggest softening in the months ahead, our sales index has not dropped below the calendar year average (141) of 2021 in any month of 2022. So, such softening is not unexpected. The combination of all factors discussed in this report makes a persuasive case for an adjustment back toward more typical levels of sales and production in the next three months. The three- and twelve-month moving averages of sales continue to trend upwards on a parallel track.

If you are not currently participating in PMPA’s Monthly Business Trends reporting, you are missing an excellent peer benchmark and a tool to provide you with confidence for your business decisions. Contact Veronica Durden to sign up.



PMPA Forecast Report August 2022

 PMPA/ITR Economics Forecast Report August 2022  


Many of our shops have been scheduling over ten percent overtime all year, so a softening in the economy and in our customer’s markets just might sound like a bit of welcome relief.  ITR Economics has examined the data, and despite the uncertainties that clutter all of our news feeds, and thinking, has developed some positive and well-considered counsel for us to consider. The widespread uncertainty is neither our destiny nor a predictor of things to come.

Read the August ITR Economics report and get comfortable with your shop’s short terms by confirming the indicators that really do count.




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. 

MARKET INSIGHT – Dental Equipment and Supplies Manufacturing

NAICS 339114 | $4,409,784,000

by Joe Jackson

Marketing & Events Assistant, PMPA

Published September 1, 2022

The dental equipment and supplies manufacturing industry has been one of the steadiest industries that our precision shops serve. The dental equipment and supplies manufacturing industry has been within 1% of its total value of shipments since 2013.


Top 5 Companies

  1. Dentsply Sirona Inc., PA
  2. Align Technology Inc., CA
  3. Sybron Dental Specialties Inc., CA
  4. A.Y. McDonald Mfg. Co., IA
  5. Sloan Valve Co., IL


  • The precision machined products manufacturing industry sales are 4.75 times more than dental equipment and supplies manufacturing industry.
  • Precision machined products average 1% of NAICS 339114 industry’s spend, which equates to $9.32 million in sales for precision machining shops.
  • The dental equipment and supplies manufacturing industry are one our most concentrated markets served. Of the 340 companies verified in this NAICS Code, the top five companies make up 91% sales in this industry.
  • The dental equipment and supplies manufacturing $932 million on materials, components, supplies, minerals and machinery.
  • While the dental equipment and supplies manufacturing industry is extremely concentrated, it is also geographically so. 50% of the top ten companies in this NAICS code are in California.


Source: U.S. Census,,


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Joe Jackson

Marketing & Events Assistant, PMPA

Email: gro.apmp@noskcajj — Website: