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April 2014 MBI: Strong Growth Continues
With a reading of 53.6, Gardner’s April metalworking business index showed that the metalworking industry continues to grow at a fast pace.
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March MBI Shows Fastest Growth in Two Years
With a reading of 55.9, Gardner’s metalworking business index showed that conditions in the industry expanded in March for the third straight month and the fourth time in five months. This was the fastest rate of growth since March 2012.
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U.S. Remains a Big Buyer of Machine Tools
The 2014 World Machine Tool Output and Consumption Survey shows that the U.S. machine tool market has outpaced the rest of the world two of the last three years and is forecasted to grow faster in 2014.
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MBI Shows Growth in Four of Last Five Months
With a reading of 53.4, Gardner’s metalworking business index showed that conditions in metalworking continued to expand at a significant rate in February. The industry has grown four of the last five months, although February’s rate of growth was slightly slower than the rate of growth in January.
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Industry Shows Fast Growth
With a reading of 54.2, Gardner’s metalworking business index for January showed that conditions in the metalworking industry have improved dramatically.
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December MBI at 49.9 – Industry Conditions Unchanged
With a reading of 49.9, Gardner’s metalworking business index (MBI) showed that conditions in the metalworking industry were unchanged from November. This comes after two months of modest growth.
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November MBI at 50.3 – Two Months of Growth
With a reading of 50.3, Gardner’s metalworking business index showed that the metalworking industry expanded for the second month in a row—the first time the industry has grown for two consecutive months since summer 2012.
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American Manufacturing on the Rise
The strength of U.S. manufacturing is driving machine tool sales to their highest levels in more than a decade. Our survey says that machine tool sales should rise to $7.442 billion in 2014, an increase of 19 percent over 2013.
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October MBI at 50.7 – First Growth in Six Months
With a reading of 50.7, Gardner’s metalworking business index showed that the metalworking industry expanded for the first time since March 2013.
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Contraction Slows Noticeably
With a reading of 48.1, Gardner’s MBI showed that the metalworking industry contracted at a much slower rate in September.
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MBI at 44.6: The Contraction Continues
With a reading of 44.6, Gardner’s metalworking business index showed that the metalworking industry contracted at its fastest rate since November 2012.
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June MBI at 48.5 – Contraction Slows Significantly
With a reading of 48.5, Gardner’s metalworking business index showed that the metalworking industry contracted at a much slower rate in July compared to June.
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