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January PMA Business Conditions Report predicts small upswing

January 2009 - The Precision Metalforming Association released its January Business Conditions Report, which predicted a slight uptick in business conditions for metalforming companies during the first three months of 2009. The monthly report is considered an economic indicator for manufacturing and uses sampling from 163 metalforming companies in the United States and Canada.

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GAINING CONFIDENCE

Carbon steel and specialty metal companies say stable conditions and high-end products will feed an uptick in demand.

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