PMPA Business Trends November 2020

 

With 75 companies responding, the PMPA Business Trends Index for November came in at 125 – this is two points (1.6%) over November 2019’s 123 value.  It is down 6 points (4.5%) from October 2020. While the rate of growth slowed, it remains positive. The index is five points above the November 5-year average of 120.2.  

All sentiment indicators were positive, with Employment and Profitability outlook notably improved. Our precision machining shops- and our talented performers- continue to play a positive and essential role in the economic recovery.

 

PMPA BUSINESS TRENDS NOVEMBER 2020 REPORT