Economics
Metalworking Activity Crept Into Growth Mode in February
The GBI closed at 50.6 in February, calling for cautious optimism.
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Metalworking Activity Contraction Slows Slightly in January
Most components held steady in January, but new orders and exports showed ever-so-slight slowing of contraction.
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Metalworking Activity Remained Contractionary in December
Metalworking activity remained contractionary at the same rate as in November. Stable contraction is relatively good in the current environment.
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Metalworking Activity Contracted in November
Contraction was hard to dodge with metalworking activity expansion steadily slowing since March.
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Mixed Bag Ahead for US Metalworking Economy
While what has been an extraordinarily robust manufacturing economy has softened in recent months, and the near-term outlook appears to be more of the same, the overall scenario remains strong. Even a possible recession next year does not appear to be an obstacle to continued growth over the next few years.
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Metalworking Activity Stays Flat in October
The GBI for Metalworking reflects stability of most of the six GBI components that had been losing ground months prior. Ordinarily underwhelming, flat is good when it means not contracting.
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Metalworking Activity Flattens in September
It has been nearly two years since the Gardner Business Index for Metalworking was 50.
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Metalworking Growth Stays Consistent in August
All components of metalworking activity contributed to the consistent slowdown in the past few months.
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Metalworking Growth Posts Another Month of Steady Slowing
All components of metalworking activity in July 2022 contributed to the slowdown in what has become a consistent pattern the past few months.
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Metalworking Expansion Steadily Slows
All components of metalworking activity contributed to the slowdown, most of them for the second month in a row.
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