Precision MAchining industry Shipments up 5% year over year

PMPA Business Trends Sales Index for May climbed to its second highest value ever as forward looking indicators for Sales, Lead Time, Employment and Profitability softened but remained positive. Our year to date average is 136, up 11 points or 8.8% over 2017’s year-end average of 125. We are at 106% of where we were a…