Ecomonics
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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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 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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