American moldmakers' optimism, bottom lines still rising


Optimism seems to be the pervading outlook according to the American Mold Builders Association Winter 2011 (fourth quarter) Business Forecast Survey. Business continues getting better for the majority of respondents. The quarterly survey revealed that current business conditions improved significantly over the previous three months, with 15% of the respondents saying that business is “Excellent”—up three percentage points from the Fall 2010 survey, and double the number of respondents who reported excellent business conditions in the Summer 2010 survey. This is the best percentage for this category in several years, continuing a trend for the last three quarters of 2010. A total of 40% of the membership responded to this recent survey.

Current business conditions were “Good” for 56% of respondents, an uptick of three percentage points. That is up a full 21% over the last three quarters of 2010 as the outlook continues to move in the right direction. “Fair” business conditions exist for 20% of the respondents compared to 27% of the respondents in the Fall survey. Those reporting “Poor” business conditions moved one percentage point higher, to 6%. For the fourth consecutive survey, no one reported “Bad” business conditions....
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