08/04/2026
Metalforming manufacturers are heading into the next few months with a steady, but cautious, outlook.
According to the Precision Metalforming Association’s July Business Conditions Report:
✅ 65% expect general economic activity to remain unchanged
✅ 24% anticipate an increase in activity
✅ 48% expect incoming orders to remain flat
✅ Nearly one-third expect orders to increase
Although most manufacturers are not forecasting a downturn, higher costs, supply chain challenges, and changing tariff policies continue to complicate decisions around hiring, production, and investment.
Read more with Powell Tool Supply:
Nearly half, meanwhile, expect incoming orders to be flat in the coming months.