PMPA Business Trends April 2020
“Reality Check, Economic Reality Comes to Precision Machining Industry in April”
With 79 companies responding, the PMPA Business Trends Index for April fell from 129 to 84, a drop of forty-five points, or 35% from March 2020, down 53 points or 38% from April 2019. This 84 value is down 43 points from the 5 year average for April of 127.6, a decline of 34%.