Tag: Metalforming

Metalformers’ economic outlook softened in the Precision Metalforming Association (PMA) October Business Conditions Report. Still, the bulk of respondents continued to expect stable conditions. The monthly survey of 80 metalforming companies in the US and Canada provides an economic indicator for manufacturing over the next three months. “While this month’s survey reflects increased caution about the near-term economic outlook, the energy and investment on display at FABTECH this week tell a broader story about our industry’s resilience,” commented Mark Getsay, PMA’s managing director. Participation at the event, Getsay said, “demonstrates metalformers’ continued commitment to investing in new technologies, developing their workforce and strengthening their competitiveness for the future.”

Metalformers’ optimism softened in the Precision Metalforming Association (PMA) September Business Conditions Report.

The August Business Conditions Report issued by the Precision Metalforming Association (PMA) found that North American sentiment improved markedly in August. “While metalformers expressed growing caution in July, this month’s survey reflects a notable improvement in sentiment,” said Mark Getsay, PMA’s managing director. “The increase in companies expecting stronger economic activity and higher order volumes is an encouraging sign.”

PMA found the metalforming sector remains broadly stable but is becoming more cautious in its July Business Conditions Report.

The May Business Conditions Report issued by the Precision Metalforming Association (PMA) found metalforming manufacturers anticipate stable market conditions for the next three months.  

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

Metalformers’ economic outlook for the second quarter softened in March, said the Precision Metalforming Association (PMA).

Metalforming manufacturers in the US and Canada expect stable to improving economic conditions in the next three months.

Metalforming manufacturers anticipate strong near-term economic conditions that will give way to increasing orders, according to the Precision Metalforming Association (PMA) Business Conditions Report for January 2026. 

Metalforming manufacturers are more upbeat on the prospect of improved near-term economic activity despite lower shipping levels in December, according to the Precision Metalforming Association’s (PMA) December report.

Metalforming manufacturers were mixed in their outlook, anticipating business conditions could either worsen or, at best, hold in the near-term, according to PMA's November report.

Metalforming manufacturers anticipate a decrease in near-term conditions, according to the Precision Metalforming Association's (PMA) Business Conditions Report for September.

Most of the surveyed US and Canadian metalforming manufacturers expect general economic activity to remain steady over the next three months.

PMA’s April report shows that only 16% of surveyed manufacturers anticipate an increase in economic activity in the next three months (down from 23% in March)

The amount of manufacturers who are optimistic about the next three months rose by 5% to 35%.

Most expect activity to hold steady or increase over the next three months.

About 23% of respondents expect an uptick in economic activity in the next three months. That’s an increase over the 13% in October.

Metalformers in the US and Canada expect a decline in economic activity in the coming months, according to the recently released October Business Conditions Report from the Precision Metalforming Association (PMA). Approximately 37% of surveyed manufacturers anticipate weaker business conditions over the next three months. This rate is up from 31% in September but a […]

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

Uncertainty surrounding demand, the US presidential election, tariffs, and taxes is weighing on North American metalforming companies.

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

Metalformers expect economic activity to remain level over the next three months, according to the April Business Conditions Report from the Precision Metalforming Association (PMA).

Metalformers are expecting business conditions to remain steady over the next few months, according to the March Business Conditions Report from the Precision Metalforming Association.

Metalformers expressed increased optimism about business activity this month, according to the February 2024 Precision Metalforming Association (PMA) Business Conditions Report.

Metalformers remain positive about business prospects for the first quarter of 2024, boosted by reported growth in January.

Metalformers remain optimistic about business prospects for the first quarter of 2024 despite some concerns about what Nippon Steel’s $14.1-billion deal for U.S. Steel might mean for domestic supply chains.

Optimism is on the rise among metalformers who expect less volatility in economic activity in the coming months, according to the November business report from the Precision Metalforming Association (PMA).