The Mid-Year Economic Assessment – Positive Around the Country

We’re closing in on the end of our fiscal year. This year was about the same as last year from a sales volume standpoint. However, the level of activity and optimism we’re seeing indicates that we should be off to a good start for fiscal year 2011. Here’s a snapshot of views from our sales reps around the country:

“Business is good now. Economy is good and seeing a lot of projects to bid.
I know already that I’m losing some business, so I need to replace that with new business.”

“The pipeline for next year is getting filled with five new die castings, three permanent mold jobs, six new sand castings, and three new powdered metal parts all so far this year. All this work should get me back to fiscal 2008 level. It’s been a roller coaster couple of years but it looks like a nice upswing right now.”

“Customers seem to have a more positive outlook than in the past year and we are seeing orders from customers that have been quiet for some time. It appears that they are willing to consider new ideas and ways to manufacture parts but we are also seeing orders for parts that have been basically stagnant for a long time.”

So there you have it. Real news from real people. I hope the rest of you are seeing similar optimism.