PMPA Business Trends For March 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.