Maximum Mold Precision
Published

MMT Chats: MoldMaking Index Sheds Light on Recovery Trends

Gardner Intelligence Chief Economist Michael Guckes shares insight on the rise caused by slowing delivery speeds of input goods to manufacturers; the ways large and small shops are fairing and the value of a diversification strategy.

Share

Loading the player ...

MMT Chats: MoldMaking Index Sheds Light on Recovery Trends

My guest today is Michael Guckes Chief Economist for Gardner Intelligence who is back to break down the latest Moldmaking Index, which is a bit different this month from the expansion we’ve reported the previous three months.

Michael explains what he saw with the production and new orders components and what it means, as well as how the “increase in the supplier deliveries reading signals a slowing in upstream good deliveries, which could stymie production activity in the coming months. He reviews how that component impacts the overall Index and the remainder of the year

MMT also has a strong base of small to mid-size mold-building shops, so I ask Michael to talk a little about the data with regard to shop size, as well as the positive news that suppliers have found new ways of operating under the shadow of COVID. 

Lastly, he is also a proponent of diversification, and so shares a few end market trends and data with respect to some of the industries particularly important to the MMT audience—such as automotive, medical and consumer packaging.

Note: Stick around to the very end of the video for a peek at the book collection of an economist:-)

For more MMT Chats, click here, and for more from Gardner Intelligence, click here.

Related Content

  • Editorial Guidelines: Editorial Advisory Board

    The Editorial Advisory Board of MoldMaking Technology is made up of authorities with expertise within their respective business, industry, technology and profession. Their role is to advise on timely issues, trends, advances in the field, offer editorial thought and direction, review and comment on specific articles and generally act as a sounding board and a conscience for the publication.

  • Tackling a Mold Designer Shortage

    Survey findings reveal a shortage of skilled mold designers and engineers in the moldmaking community, calling for intervention through educational programs and exploration of training alternatives while seeking input from those who have addressed the issue successfully.

  • How to Improve Your Current Efficiency Rate

    An alternative approach to taking on more EDM-intensive work when technology and personnel investment is not an option.

Techspex
Maximum Mold Precision
Forget about long angle pins & hydraulic cylinders
MMT Today enews
MoldMaking Technology Magazine
Progressive Components
KM CNC Machine Service
KM CNC Machine Service
Forget about long angle pins & hydraulic cylinders