Metalformers expect steady conditions in coming months

Metalformers in the US and Canada expect steady economic activity over the next three months, according to the recently released July Business Conditions Report from the Precision Metalforming Association (PMA).

Approximately 61% of surveyed manufacturers expect stable business conditions over the next three months. This rate is up from 56% in June and 55% in May. Only 12% expect conditions to improve in the near future, down from 14% last month and 19% in May.

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.