Metalformers see economic activity holding steady

Most manufacturers expect economic activity to hold steady in the next three months, according to the latest report from the Precision Metalforming Association. 

PMA’s January report shows that 54% expect no change in activity, up from 49% in December. However, the percentage of manufacturers who are optimistic about the next three months rose by 5% to 35%. The remaining 11% anticipate a decrease in activity, down from 21% in December.