PMPA Business Trends October 2023
The PMPA Business Trends Sales Index remained steady as she goes at 141 for the second consecutive month in October, confirming the leveling trend we suggested was coming. This month’s 141 is the fourth highest level of sales recorded for October by our reporting. The data show leveling and a measured impact resulting from the uncertainty that our shop management is facing with geopolitics, price inflation, gridlock in Washington D.C., difficulty finding skilled workforce, and the UAW strike. The data tells us to remain calm. We are level percent month over month. We are on track for our third best year ever for Sales dollars!
If you are not currently participating in PMPA’s Monthly Business Trends reporting, you are missing an excellent peer benchmark and a tool to provide you with confidence for your business decisions. Contact Veronica Durden to sign up.