PMPA Business Trends August 2018
“August Sales Index Recovers to All Time High.”
With 88 companies responding, the PMPA Business Trends Index for August 2018 recovered to its all-time high of 143 from March earlier this year. This 16-point surge (~13%) increase over July –the highest July on record- is solid testimony that we are in strong market for our high precision-machined components. The 2018 August index of 143 is about 9.2% higher than August 2017’s 131 value. Demand remains strong for our precision machined products Our year to date average is 136, up 11 points or 8.8% over 2017’s year-end average of 125. We are at 107% year to date.