Economics
Most GBI Metalworking Index Components Near All-Time Highs
The GBI: Metalworking has reached a reading of 62.8, with most of the Index components at or near all-time highs.
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Business Activity Accelerates Thanks to New Orders and Employment
Slow supply chains and rising prices are still challenges in the near-term.
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Metalworking Activity Starts off 2021 Sending Mixed Signals
Despite the passing of the holiday shipping rush, deliveries times lengthen further, impairing production and raising backlogs.
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Metalworking Index Closes 2020 With Near Two-Year High
The Gardner Business Index: Metalworking reached a 53.6 reading for December 2020, closing the year with a nearly two-year growth high.
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Video: Gardner Business Index 2020 Year In Review
The GBI 2020 Year In Review looks back at business activity data over the last 12-months in order to give manufacturing leaders the insights they will need to maximize their success in 2021.
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Metalworking Index Signals Slowing Expansion in November 2020
The Gardner Business Index: Metalwork fell to 50.2 in November 2020, indicating that while growth has continued, it is slowing and could turn to another contraction.
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GBI Metalworking Index Reports First Expansion Under COVID
The GBI: Metalworking has reported its first month of expansion since the COVID-19 pandemic began restricting economic activity in America.
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Metalworking Index Posts ‘No-Change’ Month in September
Metalworking posted a ‘no-change’ (reading of 50.0) month in September thanks to expanding production and new orders activity for the first time since COVID-19 began disrupting the global economy.
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Metalworking Index Contraction Slows for Fourth Straight Month
Index components continue to move toward 50, led by production and new orders
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Metalworking Business Activity Reports Additional Slowing Contraction
July data extends the slowing contraction trend initially reported in May.
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