PMPA Webinar Slides: My Employee Tested Positive for COVID-19 – What Do I Do Now? With COVID-19 cases spiking across the country, employers need to be ready when an employee advises that he or she tested positive or was exposed to someone who has the virus. A positive diagnosis for one employee triggers a host…
PMPA Business Trends October 2020 Precision Machining Industry Steady as She Goes in October. Sales came in at just above the five year average for the month of October, and out performed the Fed’s Industrial Production (IP) and Manufacturing Output indexes. Three of our four sentiment indicators remained positive and steady, with Employment Prospects…
ITR Economics Report for PMPA – November 2020 Despite the uncertainty in the news cycle regarding the election, recounts, Covid-19, and the markets, many monthly economic indicators are rising in a positive direction. PMPA’s latest Business Trends Report showed strong out-performance over Fed Industrial Production and Manufacturing output indicators. The latest ITR November 2020…
PMPA Business Trends September 2020 Our Shops Are Proving to be “Essential Manufacturing” to the Economic Recovery! September Precision Machining Industry Sales Rate of Growth Accelerates 8.4% over August as Federal Reserve’s Industrial Production Index Fell 0.6%, Manufacturing Output fell 0.3% All sentiment indicators increased or remained level for the fifth consecutive month. …
PMPA’s Latest Membership Manufacturing Survey Results Thanks to the 72 companies that responded to our latest request for updated information about your shops’ current status and expectations going forward. We have forwarded these results to our team at The Franklin Partnership who will use this to help craft policy in Washington D.C. Typically we share…
PMPA Welcomes Two New Affinity Partners PMPA is pleased to welcome two new Affinity Partners to benefit our member companies: APPI Energy provides members an opportunity to save on energy costs and have access to energy audits, LED lighting, solar panel installations and utility bill management. SEE HOW APPI ENERGY CAN BENEFIT YOU…
PMPA Business Trends August 2020 The PMPA Business Trends Sales index inched up to 119, up 1.7% over July. While this small increase might be seen as a negative, the greater picture is that this 119 value is a 42% increase in sales over the low point for the year ( April 2020-just…
U.S. Reverses Course on Tariffs on Aluminum Imports from Canada PMPA is a founding member of the CAMMU Coalition. We are pleased to be able to pass along the following breaking news. The U.S. announced today that it will not impose 10 percent tariffs on aluminum imports from Canada, stating that the U.S….
PMPA Business Trends July 2020 With 79 companies responding, the PMPA Business Trends Index for July increased 39.3% to 117 compared to the year’s low in April of 84. It came in up 4.5% above June’s 112 value. This 117 value is down just 2.8 points or 1.4% from the 5-year average for July…
ITR Economic Report – August 2020 Apparently our optimism is congruent with theirs. As voiced in ITR Economics’ most current economic report…“The current downturn was caused by a natural disaster and not by economic fundamentals, which has important implications for the subsequent recovery trend … Even more encouraging is that the US Personal Savings…