Metalformers’ forecasts improve in Dec.
Dec 20, 2012 | 11:21 AM
| Corinna Petry
CHICAGO Metal stampers, fabricators and roll formers have backed away slightly from a negative assessment of future economic activity.
Well under one-third (29 percent) of 126 member companies surveyed by the Precision Metalforming Association (PMA) now predict general economic activity will dip over the next three months, down from 36 percent who forecast a downturn when surveyed in November. Almost half (49 percent) forecast a stable economic environment compared with last months 45 percent, and 22 percent see an upswing ahead vs. 19 percent in November.
The less bearish outlook comes at a time when companies say their order books are firming.....
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.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.