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GBI: Metalworking February 2016 – 46.3
Industry shows improvement for the third consecutive month.
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GBI: Metalworking for December 2015 – 44.0
Industry closes out the year at its highest level since July, a further indication that it may have reached a bottom.
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GBI: Metalworking for November 2015 - 43.2
With a reading of 43.2, Gardner’s metalworking business index showed that the industry contracted in November for the eighth month in a row. However, the index was unchanged compared with October and has been virtually flat since August, indicating that the industry may have hit a bottom.
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Smart Shops Will Continue to Invest in New Technology
Although our latest survey shows that spending on machine tools will slow in 2016, it’s an “investor’s market” for metalworking companies with vision and boldness.
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Metalworking Business Index Shows Continued Contraction
With a reading of 43.2, Gardner’s Metalworking Business Index showed that the industry contracted in October for the seventh month in a row. While the index was slightly lower than it was in September, it has remained at virtually the same level for three months in a row.
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Metalworking Business Index for September: 44.1
With a reading of 44.1, Gardner’s Metalworking Business Index showed that the industry contracted in September for the sixth month in a row, although it did improve compared with August.
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August MBI Index at 43.3 – Lowest Index since July 2009
With a reading of 43.3, Gardner’s Metalworking Business Index showed that the industry contracted in August for the fifth month in a row to its lowest level since July 2009, when the index was 36.5.
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May MBI at 47.8, the Contraction Continues
With a reading of 47.8, Gardner’s Metalworking Business Index showed that the industry contracted in May for the second straight month, at virtually the same rate as in April, after 15 consecutive months of growth.
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Metalworking Industry Growth Ends after 15 Months
The April 2015 Gardner Business Index indicated that the metalworking industry is slowing for the first time since December 2013.
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March MBI Highest Since June 2014
The Metalworking Business Index (MBI) has been growing for that past 15 consecutive months.
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February MBI Shows 14th Month of Industry Growth
With a reading of 50.8, the Gardner Business Index showed that the metalworking industry grew for the 14th consecutive month and the 16th time in 17 months.
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