The American Mold Builders Association, Indianapolis, Indiana, recently released its annual AMBA Business Forecast Report. Data for this report was collected from 80 US-based mold manufacturers during AMBA’s Business Forecast Study, which was conducted from late-December 2021 to mid-January 2022. The benchmarking report analyzes and highlights information on the anticipated outlook for the US mold building industry for 2022.
The 2022 Business Forecast Report showcases data on sales trends, profit levels, capital expenditures, shop and design employment levels and challenges faced in the industry. The data is pulled from surveyed responses on over 40 economic indicator questions that cover 2021 performance, fourth-quarter performance and forecasts and expectations for 2022. This year, new insights were gathered specific to workforce development, job hit rates, primary markets as a percent of total revenue and customer representation and the impact of foreign competition and advocacy efforts.
The report is now available to AMBA members for $199 and for $299 to non-members. For more information, visit www.amba.org.