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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.

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

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

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

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.

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

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

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

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

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