Precision Machining Sales Up for Year, Down for September

The PMPA Business Trends Report for September 2013 shows our sales /shipments index to be down  to 115 for September, up 12 points over September 2012, but down 9 points from last month,Sept Bus Trends Graph

Outlook for sales and employment remain high, and sentiments for profitability remain positive.

81 % of respondents felt sales would remain the same or increase over the next three months.

This positivity in the face of an actual decline in shipments for most respondents is a sign that the variability seen is expected, rather than a harbinger of a more drastic slowdown industry wide.

You can download a copy of the Sept. Business Trends Report Here

By the way, over one third of respondents were scheduling 45 hours or more of overtime…

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