Product category:
Engineering Industry Reports and Surveys
News Release from: Manufacturing Technologies Association
Edited by the Engineeringtalk Editorial
Team on 27 August 2004
Survey reflects improved business
conditions
The MTA has just completed its trends survey for the second quarter of 2004, and the results have been made available to members who participated.
The MTA has just completed its trends survey for the second quarter of 2004, and the results have been made available to members who participated The percentage balance for business confidence in the second quarter was +42%
Although this is a decline from the +52% in the first quarter of the year, it is above the levels seen throughout 2003.
Order intake was 6% higher than in the first quarter of the year, with an increase of 1% predicted for the third quarter - this is traditionally affected by the holiday season, and this year looks to be no different.
The machinery manufacturers reported problems with raw materials and skilled labour, and supply was an issue for the machinery importers along with the traditional complaint of a lack of orders.
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