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    November 28, 2016

    PMA Survey: Business Conditions Expected to Decline Slightly into New Year

    Written by Brett Linton

    Metalforming companies are expecting a minor decline in business conditions during the next three months, according to the latest survey by the Precision Metalforming Association (PMA).

    The majority of the November survey respondents (79 percent) expect economic activity to remain the same or decline. Shipping levels were reported to be overall steady, with the average daily shipping level slightly down over October. Incoming orders are expected to be steady or increase according to 77 percent of the respondents.

    Brett Linton

    Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

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