I am asked often the conversational question of “How is business?” I think it is particularly relevant in the current uncertain economic climate. Thus, I will answer via blog post exactly how I answer in person.

Mixed. We are a little slow, but not a lot slow. Buying has been limited with customers unwilling to commit too far into the future. People seem to be spending money, but only on necessities as funds are not free flowing. However, the pipeline looks incredibly strong. We have multiple projects in the works. Some are finishing now and being followed by purchase orders for product. Some are still in development and will launch into production late 2016 or early 2017 and others are still in the planning queue. The first half of 2016 may be flat to slightly off, but the 2^nd half of the year will likely be much better, as will 2017. These projects are spread across all our industries including oil and gas.

I cannot attest that our business correlates perfectly to the economy in general. However, this is the honest assessment of our business outlook.

I am really excited for the sake of my team because many of these projects that are completing and receiving purchase orders or that will launch in the coming quarters are the culmination of months if not years of development. As with any engineering project there are challenges and obstacles along the way that must be overcome. At this point, these individuals deserve a few wins and to see their work make an impact.