PMPA Business Trends July 2023   The PMPA Business Trends Sales Index declined 27 points or 18 percent to 127 in July 2023. On first look, this appears to be a stunning reversal of fortunes for our shops in July. However, a critical reading of the figures and placing them in context allows us to…

PMPA Business Trends February 2025 Conflicting data points toward optimism for the future. Sentiment remains elevated and positive. The average hours worked continue to increase. PMPA member shops are busy doing work that matters.  February Business Trends Index came in at 131, a 5.1 percent drop from January. Even though Sales declined in February when…

PMPA Business Trends August 2023   Sales for the Precision Machining Industry rebounded  up 20 points or 16 percent in August, following the typical July – August recovery pattern we see most years. Our rebound dwarfed the 0.4 percent increase in Industrial Production reported by the FED, and we remain on track to reach our…