CLEVELAND, OH—April 21, 2014—According to the April 2014 - TopicsExpress

CLEVELAND, OH—April 21, 2014—According to the April 2014 Precision Metalforming Association (PMA) Business Conditions Report, metalforming companies anticipate steady business conditions during the next three months. Conducted monthly, the report is an economic indicator for manufacturing, sampling 129 metalforming companies in the United States and Canada. The April report shows that 36% of participants predict that economic activity will improve during the next three months (compared to 38% in March), 58% expect that activity will remain unchanged (up from 54% last month) and 6% believe that economic activity will decline (down from 8% in March). Metalforming companies also forecast little change in incoming orders during the next three months, with 44% predicting an increase in orders (the same percentage reported in March), 44% expecting no change (compared to 45% in March) and 12% predicting a decrease in orders (up from 11% in March).

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