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PMPA Business Trends May 2018


With 86 companies responding, the PMPA Business Trends Index for May 2018 rebounded five points to 138, highest May on record and 2 standard deviations above the 5 year average for the index in May. The five point increase represents a 3.8% increase in Sales for our responding shops, and raises the calendar year average by a point to 136. The 2018 May index of 138 is 6.2% higher than May 2017’s 130 value. This is our Index’s highest value recorded for May, and is our second highest value ever recorded (March 2018’s 143 was the highest ever). Our year to date average is 136, up 11 points or 8.8% over 2017’s year-end average of 125. We are at 106% of where we were a year ago in May.