Deja Vu All over Again

This report documents our industry’s Q1 2013 sales mirroring our performance in Q1 2012. Sales outlook is strongly positive. Forty percent of respondents managed double-digit sales increases in March over February. While macroeconomic indicators appear to be a mixed bag- as I write this Reuters is reporting slowing factory activity and increasing unemployment- the increase in housing starts adds yet another market of demand for precision machined components.