Back to Forming & Fabricating Job Shop Consumption Report 4th Qtr 2019
Product code: FFJSCR4
Title: Forming & Fabricating Job Shop Consumption Report 4th Qtr. 2019
If the most accurate and instructive assessment of an economy is based on responses that are as close to the final consumer as possible, it is hard to find anything that would be more effective than an analysis of what is happening in the heart of the American manufacturing sector - the job shop.
These small to mid-sized companies depend on the demand from the consumer that translates into larger manufacturing orders and their pace of business is a profoundly instructive means by which to understand the state of the economy from quarter to quarter.
The challenge in the past has been that these companies have been hard to survey as they are small and the management is busy with the tasks at hand. The survey that was created by the Fabricators and Manufacturers Association is one of the most unique and complete tools available for forecasting the activity in the heart of the manufacturing cycle.
As of 2018, the report is prepared twice per year instead of quarterly.