Metalformers expect activity growth despite mid-April lull
Apr 16, 2010 | 12:10 PM
| Corinna Petry
General economic activity will remain steady or grow during the next three months, according to members of the Precision Metalforming Association (PMA), but some companies have seen in mid-April what they hope is a brief lull.
Forty-five percent of members expect activity to improve during the next quarter, 45 percent said it will remain the same and 10 percent forecast a downturn, the Cleveland group's latest survey shows. Only 5 percent had forecast a downward trend in the March survey.
"We had been doing well up to a couple of weeks ago, when it seems like things started to soften," Gretchen Zierick, president of Zierick Manufacturing Corp., Mount Kisco, N.Y., and chairwoman of PMA, said Friday. Discussions with fellow PMA members indicated they experienced the same thing, which they all hoped would be temporary, especially because April production schedules are running fairly full, she said.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here