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Showing 31 – 40 of 125 resultsSlowed 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.
A strong recovery in metalworking, exhibited by the v-shaped recovery in the GBI: Metalworking, has led to strong growth in cutting tool orders for three straight months.
The Gardner Business Index as of March 2021 set a new all-time high reading at 63.2, driven by supplier deliveries, new orders and backlog activity.
Compared with one year ago, the GBI: Metalworking was 23.5% higher, which was the 13th consecutive month of growth. The strong growth in the metalworking industry should lead to accelerating growth in machine tool orders throughout 2021.
Order growth is booming as the GBI: Metalworking hits all-time highs as a result of strong growth in new orders and production at machine shops.
The GBI: Metalworking is growing at its fastest rate since December 2010. The rapid growth in the metalworking industry should lead to accelerating growth in machine tool orders throughout 2021.
Machine tool unit orders increased 45.1% in March compared with one year ago. Strong growth in the GBI: Metalworking is indicating further strong growth in machine tool orders.
The Gardner Business Index (GBI): Moldmaking contracted sharply in August, falling more than 4 points to 46.4.
The Gardner Business Index (GBI): Moldmaking reported a sharp acceleration in contracting business activity as the Index fell over 3-points to 44.9.
The Gardner Business Intelligence Moldmaking Index is up 16 percent from one year ago.