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PMPA Business Trends January 2024

Our January 2024 data shows a strongly positive start for our precision machining shops. Our December 2023 Business Trends Report surprised to the upside. In January 2024- the positivity continues with sales higher than the Fed’s industrial production report, and forward-looking sentiment remaining elevated and level. All other forward-looking indicators-  Lead Times, Employment, and Profitability moved upward into positive territory as well. PMPA’s data is very positive for the next three months for our shops. Listen to the data!

If you are not currently participating in PMPA’s Monthly Business Trends reporting, you are missing an excellent peer benchmark and a tool to provide you with confidence for your business decisions. Contact Veronica Durden to sign up.