Majority Sees Forging Activity Rising in 2004

More than half of the respondents in our 14th Annual Forging Business Outlook survey are looking to do better during 2004 than they did 2003. Overall, respondents project an increase in shipments of 9.1%.

After a series of annual forecasts in recent years, in which most forgers predicted they would stay even in the upcoming year, a majority of respondents--53.8% to be exact--are saying they will do better in the year ahead.

During the fourth quarter of 2003, we polled U.S. forging industry executives to assess business conditions in their respective companies, and to gauge the outlook for the forging industry as a whole. We mailed a sur

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