The February 2026 ITR Economics report has been released. The ITR Economics quarterly forecast report gives us insight into eight industries that are the primary drivers of our shops’ success. The ability to consistently look into the future with actionable data gives us a competitive edge. The reason that PMPA members closely follow the ITR Quarterly forecast report is that the ITR process of analysis clarifies and makes patterns clear that the news cycle seems to miss. The February report we see growth likely to accelerate some this year. “Some markets that were hit harder in 2025 will see larger growth rates in 2026, in part due to a weak point of comparison, but they will likely remain below record highs due to sticky interest rates.” Check out in this month’s PMPA May 2025 Economic Report from ITR Economics.
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.