PMPA Business Trends May 2024

PMPA’s May 2024 data shows that level, steady sales are our path in 2024.  While May slightly declined from April 2024, our year-to-date average is still above our 2023 year-end average.  May 2024 was well above our five-year average for May.  Average hours worked dropped slightly- with sales remaining strong- indicating we are still making productivity gains.  Our sales are running steady and consistent at an elevated level.

 
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.

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PMPA Business Trends March 2024

The PMPA Business Trends Sales Index for March 2024 remained elevated and level, softening just 1.3 percent compared to the prior month. All sentiment indicators for Sales, Lead Times, Profitability, and Employment remained level and positive as well. Hours worked remained level. Apparently, much of the volatility has been worked out of our customers’ demand for precision machined components. With three positive months recorded and our forward-looking three-month leading indicators level and positive, we are pleased to listen to the narrative that our data is telling us.  (Interesting note- just 5 years ago, in March of 2019, Our sales index hit a new record of 147; today,  for March of 2024, we look at 149 as “softening.”)

 
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.

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PMPA Business Trends February 2024

In February, PMPA’s Business Trends Sales Index achieved it’s third consecutive increase. Our shops outpaced the Federal Reserve’s Industrial Production indicator, and sentiment indicators for Net Sales, Lead Times, Employment and Profitability remained positive. Our data continues to make a positive case for the next three months for our shops. Listen to the data!

 
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.

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PMPA Northern Ohio Chapter Golf Outing

Thursday, September 26, 2024 | 12pm – 6pm 

Valleaire Golf Club
6969 Boston Road
Hinckley, OH 44233

Time
12:00 p.m. Shotgun Start (Scramble Format)
5:00 p.m. Dinner

Cost
Golf and Dinner: $120 per person
• Includes 18 holes of golf, cart rental
• Dinner

Dinner Only
$50 per person

Golf Outing Sponsorships:
– Dinner Sponsor: $500 (1 available)
– Beverage Cart Sponsor: $500 (1 available)
– Tee Box Sponsor: $100 each (more than one tee sponsorship can be purchased)

Golf Registration
Deadline: Wednesday, September 18, 2024
REGISTER HERE

Golf Outing Sponsorship
Deadline: Wednesday, September 11, 2024
BE A SPONSOR

 

 

 

Wednesday, September 25, 2024
11:00 a.m.- 7:00 p.m. Central

Old Orchard Country Club
700 West Rand Road
Mt. Prospect, IL 60056

Cost
Golf and Dinner: $100 per person
• Includes 18 holes of golf, cart rental
• Dinner

Dinner Only:
$30 per person

Prizes for best score, closest to the pin and longest drive.

It’s time to hit the links with PMPA! Reconnect with your friends and make some new ones.

Golfers may make their foursome or we can place you in a group.

Registration Deadline: Friday, September 20, 2024
REGISTER HERE

Sponsorships Available: Deadline  Friday, September 13, 2024

BE A SPONSOR

Tuesday, August 20, 2024
Tuesday, August 20, 2024 (5pm – 8pm Eastern)

 

The Aviator Cleveland
20920 Brookpark Rd
Cleveland, OH 44135

Schedule
5:00– Networking
6:00PM– Dinner
6:45PM–Presentations

Join us for a special evening with PMPA President Steven Sorenson, Sorenson Engineering and PMPA Executive Director Cate Smith. PMPA President Sorenson will share insights gleaned from his recent member tours, as well as his company’s humble beginnings, growth, and how the support of PMPA plays a vital role in his family business. Learn about the latest news from PMPA, pick up some knowledge you missed at the Management Update Conference, and what is coming this year locally and nationally from PMPA.

 

Cost:
$60/person

REGISTER HERE

Be a Sponsor:
Drink– $500 (1 available)
Desert– $500 (1 available)

Sponsorship Registration

 

Thursday, May 30, 2024
1pm – 4pm Eastern
Courtyard Boston Marlborough
75 Felton Street
Marlborough, MA 01752

Join us for networking and problem-solving at the PMPA New England Chapter Suppliers Expo 2024. Take this opportunity to learn about new solutions from PMPA Technical members as they showcase their products and services that can help your shop be more productive and profitable.

This is a great opportunity for your team to meet with these technical experts one-on-one!

 

Cost | $10 per PMPA Member | $15 per Non- PMPA Member

 

Registration Includes | Food and Exhibits

REGISTER TODAY

 

 

EXHIBITORS

 

 

 

PMPA Connecticut/ Eastern New England Chapters Golf Outing

 

Thursday, August 1, 2024

8:30 a.m.- 2:30 p.m. | Shotgun Start

Shining Rock Golf Club

91 Clubhouse Ln, Northbridge, MA 01534

Cost
Golf and Dinner: $110 per person
Includes 18 holes of golf, cart rental
Lunch
Lunch Only- $45 per person
Lunch and Awards after the outing

Be a Sponsor!

Exclusive Sponsorship Opportunities
Lunch | $750
Drink Cart | $500 SOLD
Awards | $500 SOLD
Sponsor a Hole | $200 each

Golf Registration

Sponsorship Registration

 

Sponsors

 

 

 

 

 

PMPA Business Trends January 2024

Our January 2024 data shows a strongly positive start for our precision machining shops. Our December 2023 Business Trends Report surprised to the upside. In January 2024- the positivity continues with sales higher than the Fed’s industrial production report, and forward-looking sentiment remaining elevated and level. All other forward-looking indicators-  Lead Times, Employment, and Profitability moved upward into positive territory as well. PMPA’s data is very positive for the next three months for our shops. Listen to the data!

 
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.

VIEW/DOWNLOAD