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Packaging and Medical
All signs positive for packaging; medical equipment production poised for growth.
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Gardner Business Index: Moldmaking for November 2015
With a reading of 47.5, the Gardner Business Index for moldmaking shows that the moldmaking industry contracted in November for the sixth month in a row. However, the rate of contraction was considerably slower than in previous months, and the index clearly broke out of the downtrend it had been on since February 2015.
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Machinery/Equipment and Automotive
Machinery/equipment likely to contract this year; automotive strong, but slowing.
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GBI: Moldmaking for November 2015 - 47.5
Index improves on strength of production and employment; future spending is strong, especially in mid-sized facilities.
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Gardner Business Index: MoldMaking for October 2015 - 44.8
With a reading of 44.8, the MoldMaking Business Index showed that the industry contracted in October for the fifth month in a row, with the contraction rate having consistently accelerated in each of those months. The index generally has trended lower since February 2015, and in October, the industry contracted at its fastest rate since December 2012.
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Medical and Automotive/Transportation
Healthcare spending is up, while medical production down; spending on motor vehicles and parts is likely to slow next year.
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Total MBI for October 2015:
With a reading of 44.8, the MoldMaking Business Index showed that the industry contracted in October for the fifth month in a row, with the contraction rate having consistently accelerated in each of those months.
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Moldmaking Business Index for September 2015: 45.3
With a reading of 45.3, the Gardner Business Index showed that the moldmaking industry contracted in September for the fourth month in a row, during which time the rate of contraction has consistently accelerated. The index generally has trended lower since February, and in September it contracted at its fastest rate since December 2012.
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August MoldMaking Business Index: 46.6
With a reading of 46.6, the Gardner Business Index showed that the moldmaking industry contracted in August for the third month in a row. The rate of contraction accelerated in each of those three months. The index generally has trended lower since this past February, and this August, it contracted at its second fastest rate since August 2013.
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