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PMPA Business Trends September 2022

Level sales in September belie pivot to reduced precision machining activity for 4th Quarter of CY 2022. Level sales remained high- fourth highest level for our indicator ever. Average length of first shift increased by a slight 0.1 of an hour, with no shops responding  that had scheduled less than 40 hours. Outlook for the next three months for Lead Times remained level, while indicators for Sales, Profitability and Employment all continued to decline. The data continue to show a strong year for our precision Machining Industry.

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