A newly released survey of the metalforming industry in North America found increasing optimism regarding business activity and orders, according to officials from an industry group.
The Precision Metalforming Association said that among companies participating in its February 2024 “Business Conditions Report,” 40% expected an increase in orders in the next three months, while 23% anticipated rising business activity over that span. Both were higher than the previous month’s survey, which saw 34% of companies project higher orders and 20% forecast more business activity.
The number of companies anticipating a drop in orders and business activity over the subsequent 12 weeks, meanwhile, declined from 21% and 20% in January down to 12% and 16%, respectively. The percentage expecting no change in orders slipped from 48% to 45% last month, while the share projecting no change in business remained about the same at 61%.
Average daily shipping levels also saw improvement last month: 31% reported an increase, nearly double the 16% from the previous survey.
Pour lire l'article complet : 40% of Metalworking Manufacturers Anticipate Order Increases (thomasnet.com)
