Ecomonics

Moldmaking Activity Contraction Slows in August

Future business expectations still improving, but more slowly.

Mike Shirk
Senior Market Research Analyst, Gardner Intelligence

Moldmaking Activity Has Contracted in a Desirable Direction

April’s moldmaking index contracted again but continued to inch toward a reading of 50 — the hurdle to cross before entering expansion.  

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Moldmaking Activity Returns to Accelerated Contraction

February’s index dropped from the more positive readings seen in January, landing on par with July 2023 and remaining in contraction mode.

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Moldmaking Activity Begins 2024 With Slowed Contraction

January index reading reflects February-March 2023 readings as it slinks toward a reading of 50. There are high hopes that it may continue on this path to sustained expansion for 2024.

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Contraction in Moldmaking Activity Slowed According to GBI

The moldmaking index almost bounced back to November’s reading but stopped one point shy, as most components slowed or stabilized contraction in December.

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November GBI Saw a Drop in Moldmaking Activity

The moldmaking index experienced a high degree of accelerated contract, primarily driven by production, new orders and backlog readings.

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GBI Shifts to Second Straight Month of Slowing Contraction

While contraction has been an ongoing course for activity in the GBI: Moldmaking, its slight slowing might suggest that positive change is coming.  

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Moldmaking Activity Accelerated Contraction in July

July’s moldmaking index accelerated contraction for the third month in a row, though the magnitude was considerably less than last month. 

Jan Schafer
Director of Market Research

GBI: Moldmaking Undertakes Slightly Slowing Contraction

While most component activities remained unchanged in September, employment and supplier deliveries indicate a brief let-up from the contraction trend.

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Contraction is the Consistent Trend for Moldmaking

The August Gardner Business Index (GBI): Moldmaking saw more of the same contraction activity that has been reported the last four months.

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Moldmaking Industry GBI Contracts for Four Months Straight

The GBI Moldmaking ended the month at 45.8, down one point from June, with components contracting or nearing contraction activity.

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June GBI: Moldmaking — More of the Same

Several components contracted even faster in June, driving a consecutive second 0.6-point drop in moldmaking activity.

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May Moldmaking Index Trends Downward

Contraction, experienced by most May components, continues to be familiar territory for the GBI: Moldmaking Index.

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Moldmaking GBI Returns to Contraction After One-Month Respite

After a challenging move into the 50s in March, the April GBI returned to a mostly consistent state of contraction, the result of recent market dynamics.

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Moldmaking Accelerated Contraction in June

June’s moldmaking index took a relatively steep downward turn, landing at a new low for the year. 

Jan Schafer
Director of Market Research

Moldmaking Industry GBI Snuck Into Growth Territory in March

Growing for the first time since August 2022, the Gardner Business Index (GBI) Moldmaking ended March at 50.9, somewhat against the odds given the market developments that month.  

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February's Moldmaking Industry GBI Crept Toward Growth

Despite contracting activity, moldmaking landed itself on the cusp to potential expansion in March, further encouraged by the slowing contraction of most Index components.  

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Moldmaking GBI Continues its "Spark" in January

Moldmaking activity contracted again in January, but the pace has continued to slow, suggesting that things might be looking up if it continues.  

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Moldmaking GBI Reveals Change of Pace in Contractionary Activity

The Gardner Business Index Moldmaking closed in December at 47.2, up two points from November’s 45.2, a positive note after several months of downturned activity.

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Components Drive Downturned Activity in Moldmaking GBI

Gardner Intelligence reports a steady contractionary period for the November Gardner Business Index (GBI) Moldmaking.

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Moldmaking Industry GBI Follows Industry in Contraction Trend

The October Gardner Business Index (GBI) for moldmaking experienced a second month of contraction.

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Moldmaking Activity Contracted a Bit Faster

May’s moldmaking index took a downward turn, departing from what had been a five-month path of slowing contraction, inching toward flat.  

Jan Schafer
Director of Market Research

Moldmaking Industry Contracts for First Time in Two Years

The September Gardner Business Index (GBI) for moldmaking indicates more components are contracting than expanding.  

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Moldmaking Industry GBI Ends August Flat

The August Gardner Business Index (GBI) indicated a lack of growth, having squeaked out a reading just barely above the line dividing expansion and contraction.

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Moldmaking Industry GBI Perpetuates Deceleration Trend into July

Every component experienced contraction in July, led by enduring supply chain disruptions.

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Moldmaking Index Continues Slowing Expansion Trend

The Gardner Business Index (GBI) and the majority of its components showed up in June at a slowing rate of expansion that has not been seen since early 2021.

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Moldmaking Industry Expansion Slows “‘All Around”’ in May

Moldmaking continues on the slowing expansion trend for the month of May according to Gardner Business Intelligence’s latest report on the Moldmaking Index. 

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What Comes up Must Also Come Down: Moldmaking Industry Expansion Slows

Slowed expansion in April is no surprise for the Gardner Business Index (GBI): Moldmaking, which has vacillated between faster and slower rates for the past year. Component readings may suggest an easing of supply chain holdups.

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