LEESBURG, VA, Oct. 14, 2015 -- The Water and Wastewater Equipment Manufacturers Association (WWEMA) recently announced that it has released the results of its 2015 Member Market Indicators Survey. The survey tracks the experiences of manufacturers and their representatives within the water and wastewater market in eight areas:
- Bookings/Orders
- Company Employment
- Design work
- Industry Market Growth
- Materials Costs
- Quotations
- Sales: Domestic
- Sales: International
Thirty-one companies responded to the 2015 survey. Results show an upward trend in the market, with 70 percent of respondents indicating they saw domestic sales improve over the 12 months from September 2014 to August 2015 versus the previous 12 months, and 62 percent reporting increases in bookings and orders during that time.
Accordingly, members expressed cautious optimism regarding near-term sales, with none predicting a decline in domestic sales for the next 12 months, 70 percent predicting a modest growth of 2.5-5 percent, 17 percent predicting growth greater than 5 percent, and 13 percent predicting flat sales.
The full report is available exclusively to WWEMA members. For more information, click here.
See also:
"WWEMA Participates on 'Buy American' Panel"
"WWEMA launches unique challenge to promote value of water, infrastructure funding"
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