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.