The Summer 2011 Business Forecast Survey carried out by AMBA (American Mold Builders Association) among its members portrays a steady trade industry.
Business conditions are good - excellent for 78% of the respondents, up slightly from the Spring survey. Projections of their company's business over the next 3 months have the majority of respondents saying that it will either increase moderately (38%) or remain the same (47%), which indicates that work continues to flow in the US mould manufacturing business. Shipments were up considerably for 48% of the respondents to the Summer survey, compared to 37% in the Spring survey.
Profits are up or the same for 85% of the respondents, so companies do not appear to be losing ground in that area.
Employment ticked down for 28% of the respondents, but remained the same for 64%, which appears to indicate that hiring has slowed.