PMPA Business Trends August 2018
PMPA Business Trends August 2018
“August Sales Index Recovers to All Time High.”
With 88 companies responding, the PMPA Business Trends Index for August 2018 recovered to its all-time high of 143 from March earlier this year. This 16-point surge (~13%) increase over July –the highest July on record- is solid testimony that we are in strong market for our high precision-machined components. The 2018 August index of 143 is about 9.2% higher than August 2017’s 131 value. Demand remains strong for our precision machined products Our year to date average is 136, up 11 points or 8.8% over 2017’s year-end average of 125. We are at 107% year to date.