Expanding new orders and production were offset by downside surprise in supplier deliveries and on-going weakness in exports and backlogs for the Moldmaking Index in October.
This month’s Gardner Business Index: Moldmaking reported slowing contraction in September with an unanticipated strong contractionary employment reading.
Wall Street’s latest near-term outlook for the electronics industry has markedly improved since Gardner’s last review of the industry based on third quarter 2018 actuals and projections.