Economics
Metalworking Activity Trends Down Again in June
The Metalworking Index closed at 44.3 in June, down 1.2 points relative to May, marking a 2024 low.
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Metalworking Activity Trends Downward in May
Accelerated contraction and declines in business optimism span manufacturing segments. Odds are that broad-reaching economic factors are at play.
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Metalworking Activity Trends Slightly Downward in April
The interruption after what had been three straight months of slowing contraction may indicate growing conservatism as interest rates and inflation fail to come down.
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Metalworking Activity Holds Steady in March
Overall metalworking activity leveled off in March, but not to a point of concern.
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Metalworking Activity is on a Roll, Relatively Speaking
February closed at 47.7, up 1.4 points relative to January, marking the third straight month of slowed contraction.
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Metalworking Activity Starts Year With Slowing Contraction
The GBI: Metalworking welcomed the new year with slowed contraction of components for the second month in a row.
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Metalworking Activity Shows Signs of Stabilizing Contraction
Metalworking activity continued to contract in what has become a rather characteristic GBI ‘dance.’
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Metalworking Activity Remained on a Path of Contraction
Steady contraction of production, new orders and backlog drove accelerated contraction in November.
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Metalworking Activity Continues its Roller Coaster Year of Contraction
October marks a full year of metalworking activity contracting, barring just one isolated month of reprieve in February.
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Metalworking Activity is Nearing a Full Year of Contraction
Metalworking activity has contracted since October of 2022.
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