Economics
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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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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January 2015 Metalworking Business Index Holds Steady
With a reading of 51.2, the Gardner Business Index showed that the metalworking industry grew for the 13th consecutive month and the 15th time in 16 months.
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December 2014 Metalworking Business Index (MBI) at 52.1
With a reading of 52.1, the Gardner Business Index showed that the metalworking industry grew for the 12th consecutive month and the 14th time in 15 months. December’s rate of expansion was the fastest since August, and the rate of expansion accelerated slightly throughout the fourth quarter of 2014.
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November MBI Growth Remains Steady
With a reading of 51.3, Gardner’s Metalworking Business Index showed that the industry grew in November for the 11th consecutive month and the 13th time in 14 months, at a rate slightly faster than October. The month-over-month rate of growth was just 2.0 percent, which was the second slowest rate of growth since August 2013, and the annual rate of growth decelerated for the second month in a row.
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September 2014 MBI Shows Slowed Expansion
With a reading of 50.9, Gardner’s Metalworking Business Index showed that the industry grew in September for the ninth consecutive month and the 11th time in 12 months, although the rate of expansion was the slowest of 2014.
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August 2014 MBI Growth Rate Accelerates
With a reading of 52.3, the metalworking industry grew in August for the eighth consecutive month and the 10th time in 11 months.
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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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