Precision Machining Industry Sales Up 6.8% in 2017

Our December PMPA Business Trends Report for December 2017 finished at 125 for the year, up 6.8% over last year’s 117. 

It has been a great year for our precision machining shops, and “Busy” is the watchword.

Our industry sales increased over twice the US GDP growth reported by BEA for 2017!

Our sentiment indicators for the year ahead were positive as well.

PMPA members can read the full report here 

By the way, we predicted in May that our year end sales level would be 126.25- an error of just 1.25% from the actual value of 125!

Press representatives desiring a copy of the report please contact  to get a copy of the full report or to arrange an interview.

We are confident that 2018 will be a similarly strong year  for our industry- starting in 1st quarter where our indicators are all strongly positive.-Net Sales, Lead Times, Employment and Profitability.

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