Investment up, hiring up, business up: Moldmakers enter 2012 with momentum

27/01/2012

Everything heard on the street about what a good year 2011 was for mold manufacturers seems to be rolling over in 2012 according to the latest results from the American Mold Builders Assn.'s Winter 2012 Business Forecast Survey. Excellent current business conditions jumped 10 percentage points to 25% for survey respondents, from 15% for the same period a year ago. Current business conditions are good for 60% of the survey respondents, up 4 percentage points from a year ago, and fair for 15% -- down 5% from the Winter 2011 survey. Even better news is that no respondents said business is "poor" or "bad."

"This can keep going for the next 10 years!!!" one respondent wrote, obviously wanting the good times to keep on rolling.

Projections for business over the next three months were positive as well, with 4% of the respondents projecting that business will "increase substantially;" 35% project that business will "increase moderately;" and 52% say they expect business to "remain the same," an increase of 12% from the Winter 2011 survey report. Only 9% expect business to "decrease moderately," a drop from 11% in the year earlier survey. No one projects business to "decrease substantially."...
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