Released January 3, 2022.
IT IS OUR 100th EPISODE! For this momentous occasion, PMPA’s President, Aneesa Muthana, joins Miles Free for a candid conversation. You don’t want to miss this!
Author: Joe Jackson
PMPA Business Trends December 2021
The PMPA December 2021 Business Trends Sales Index came in at 138, the highest December value ever, and unseasonably high. That 138 was 10 points (or 7.8 percent) higher than December 2020’s value, and 22.5 percent higher than the five- year average for the index for the month of December.
While December sales were down 6 points (or 4.1 percent) from November’s levels, they still contributed to a strong finish, resulting in the Calendar year average sales to be 141. This 141 exceeded our April 2021 prediction of 137 for the year. A surprisingly positive reading considering the events of the year- ongoing uncertainty due to Covid-19, tariffs, and supply chain difficulties.
If you are not currently participating in PMPA’s Monthly Business Trends reporting, you are missing a great peer benchmark and a tool to provide you with confidence for your business decisions. Contact Veronica Durden to sign up.
Released December 20, 2021.
PMPA’s Miles Free & Carli Kistler-Miller had a great time recording the second season of Speaking of Precision. Maybe too much? You be the judge! Happy Holidays and Happy New Year! Season 3 starts January 3rd with our 100th episode special. Tune in to find out who joins us!
PMPA 2022 Holiday Time Off Report
The 2022 Holiday Time-Off surveys have been compiled and calculated, and the 2022 Holiday Time-Off Reports are attached. Our thanks to the 82 member companies who completed and returned a survey. Please remember that the results of the survey indicate which 2022 holidays those companies plan to offer their employees off with pay. It does not indicate which, if any, holidays they may offer off, without pay.
The 2022 Holiday Time-Off Reports will be available for reference throughout the year on the Reports page of the PMPA website.
Released December 13, 2021.
Miles Free & Carli Kistler-Miller discuss the hot button question that is dominating news these days….. Supply chain issues! We dive into why the precision machined products industry is working overtime and outperforming the rest of the industry to deliver the parts they need.
PMPA’s Winter Online Town Hall
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Released December 6, 2021.
Miles Free & Carli Kistler-Miller explore what the meaning of satisfaction is as it relates to our customers and how it affects our precision machining shops.
December 2021
Craftsman’s Cribsheet #102
These are the economic Indicators that I use in my weekly Manufacturing Positivity posts as well as correlate to our PMPA Business Trends Sales indicator. The three resources with an asterisk after the name – Industrial Production, Durable Goods and Total Vehicles Assembled – have the closest correlation to our Index. I do not follow many of the employment indicators as they are after the fact, not leading or contemporaneous.
Published December 2021
By Joe Jackson
The parts that our precision machining shops manufacture provide essential functionality for the electric motors, power generators and motor generator sets that are so important in our daily lives.
Published December 2021
By Carli Kistler-Miller
Producing recruiting material can seem daunting, but you may be surprised at how many resources you already have in your shop.