Welcome to the wonderful world of stability. At least that’s how many metal fabricators see their business.
In the inaugural Forming & Fabricating Job Shop Consumption Report from the Fabricators & Manufacturers Association, 43 percent of fab shops surveyed indicated that the business outlook is positive and 42 percent said stable. Only 15 percent declared it negative.
It seems like it’s been this way for a while. The metal fabricating markets have been improving, but the economy isn’t firing on all cylinders as of yet. Uncertainty associated with government regulation, natural disasters, and terrorism has been somewhat to blame, but this general feeling of unease has gradually become the new norm. (more...)