Moldmaking Index Suggests Positivity Moving into 2025
Future business expectations surge on the heels of improvements across all components.
Moldmaking Index
The Gardner Business Index (GBI) measures the current state of moldmaking activity through survey responses covering new orders, production, backlog, employment, exports and supplier deliveries. A reading above 50 indicates expansion; below 50 indicates contraction.
The moldmaking industry registered a GBI reading of 47.3 in December 2024. While still in contraction territory, all components showed improvement from their November readings, with supplier deliveries leading both month-over-month and year-over-year gains, suggesting strengthening business conditions across the industry.
Components Scorecard
The GBI Components Scorecard reports the monthly change rate of primary moldmaking market factors contributing to the overall monthly index reading.
Reading the Scorecard:
- Color indicates where a component value falls relative to 50 for the current month. Green indicates expansion; red indicates contraction.
- Shade indicates a value's distance from 50; the darker the shade, the further from 50.
- Direction indicates a value's change versus the previous period. Pointing up is always better.
Future Business Index
The GBI Future Business Index is an indicator of the future state of the moldmaking market from industry respondents regarding their opinion of future business conditions for the next 12 months. Over 50 is expansion and under 50 is contraction.
The Future Business Index surged to 71.2 in December, reaching its highest level since late 2020, suggesting significantly improved optimism about business conditions in 2025.
Find the latest moldmaking market research and reporting at GardnerIntelligence.com
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