PMA: Outlook remains steady even as shipping levels dip

The economic outlook by metalforming manufacturers remains steady for the next three months, said the Precision Metalforming Association (PMA). 

In its April monthly report, PMA found 59% of manufacturers surveyed expect no change in general economic activity for the next three months, down from 64% in March. One-third of respondents (30%) anticipate increased activity, up from 28% last month, while 11% predict that economic activity will decrease. In March, 8% of respondents predicted activity would decrease.