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The growth in the moldmaking industry is accelerating.
A mix of factors influence the Gardner Business Index (GBI): Moldmaking, at 55.8 for April.
The moldmaking industry has seen a significant turnaround in the last 18 months.
The industry records its best reading in at least five years.
The GBI 2020 Year In Review looks back at business activity data over the last 12-months in order to give manufacturing leaders the insights they will need to maximize their success in 2021.
Medical, electronics and aerospace markets see growth amid contraction.
Entering the second half of 2024, moldmakers navigate challenges and opportunities with plastics industry resilience and potential economic surprises providing hope.
With a reading of 51.1, the Gardner Business Index showed that the moldmaking industry expanded in August for the first time since March 2016 and just the second time since March 2015.
The Gardner Business Index (GBI): Moldmaking registered 52.6 in February, extending its narrow range of growth readings since September 2018, when it registered less than 200 basis points higher.
The industry contracted for the second month in a row, although the rate of contraction decelerated and the general trend of the index has been positive since October.
