PMPA Business Trends June 2020
“Precision Machining Industry Sales Recover to 112 up 33% Over April 2020 Low”
With 77 companies responding, the PMPA Business Trends Index for June increased by 33% to 112 from the year’s low in April of 84. It came in up 30.2% above May’s 86 value. This 112 value is down 19.6 points from the 5 year average for June of 131.6, a decline of 14.9%. For perspective, the lowest value for the BT index during the Great Recession was 64, in May of 2009. June’s 112 value is up 75% from that Low point in our history.