Metalformers keep buying to a minimum
Nov 16, 2012 | 02:00 PM
| Corinna Petry
Tags
Precision Metalforming Association,
economic activity,
raw material purchases,
order rates,
aerospace,
defense,
electronics,
Corinna Petry
CHICAGO — The Precision Metalforming Association’s latest survey shows very slight movements in sentiment this month vs. October, but members who spoke with AMM were slightly more upbeat than the numbers might suggest.
Nearly one-fifth of members surveyed expect economic activity to improve over the next three months, up from 15 percent in October, but those forecasting a downward shift increased to 36 percent from 30 percent.
One quarter of respondents said shipments this month are above those of three months ago, a slight uptick, and those who are seeing lower shipments narrowed to 38 percent from 45 percent in October. Expectations for incoming orders were little changed.....
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