Metalformers’ business outlook worsens

Most metalformers expect economic activity to be level to down in the coming months, according to the May Business Conditions Report from the Precision Metalforming Association (PMA).

Every month, PMA conducts a survey of ~100 metalforming companies in the US and Canada. The results provide an economic indicator for the manufacturing sector for the next three months.

Ethan Bernard

Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.