AMBA Takes Pulse of Mold Building Industry During COVID-19 Crisis
The American Mold Builders Association has published the first results of its bi-weekly Industry Pulse Survey to give business leaders insight into the state of the mold building industry during the COVID-19 pandemic.
The American Mold Builders Association (AMBA) has published the first results of its bi-weekly Industry Pulse Survey, located on the COVID-19 Resources Hub page at AMBA.org.
AMBA has launched these periodic surveys to give business leaders insight into the state of the mold building industry during the COVID-19 pandemic. This eight question survey takes less than one minute for leaders to complete, but gives insights into how the mold building industry is faring so far and what executives are anticipating for the future. Users can participate on Wednesday mornings through a personalized email link and will receive the results every Friday. Participants can request a user link through the AMBA site. As AMBA continues to collect information, the AMBA benchmarking team will begin to trend and make predictions based on the inputs given by industry leaders in mold manufacturing.
During the first collection period, over 130 mold builders participated in this survey. These companies primarily serve over 15 industry markets. The most common market served reported by respondents was the automotive market (36%), followed by the medical market (19%). Of all respondents, 60% reported that they are still in full operation; however, under 30% reported that they anticipate revenue to be 95% or above their 2020 forecasting.
The AMBA Industry Pulse Survey is part of the response to the COVID-19 outbreak across the United States and the globe. AMBA’s leadership team continues to generate resources and up-to-date information for AMBA members and the industry at large. More can be found at the association’s site on the findings of this pulse survey and other COVID-19-related information.