PMPA Business Trends December 2023 Year End Review and Summary
The PMPA Business Trends Sales Index surprised to the upside at 144 for December, with a six point or 4.4% gain over November’s 138. That 144 is up 15 points or 11.6% over the 5-year average for December Sales. Our Sales index was down just 3.7 percent from our April forecast. Positive sentiment indicators for both Sales and Lead Times make a very strong case for business positivity for the first quarter of 2024.
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