Ecomonics
MoldMaking Index Stumbles as Components Contract
The Gardner Business Index (GBI): Moldmaking contracted sharply in August, falling more than 4 points to 46.4.
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Moldmaking Index Expands on Supplier Deliveries
The Moldmaking Index reported a record-breaking 33-month continuously expanding activity driven by supplier deliveries.
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Moldmaking Index Falls Sharply
The Moldmaking Index fell sharply in May. The month’s results were surprising as survey participants reported strong new orders while simultaneously reporting contracting backlogs.
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Moldmaking Index Nears One-Year High
The Gardner Business Index (GBI): Moldmaking reached its highest level in nearly a year with an April reading of 55.7, a level which it last registered in May 2018. Readings above 50 indicate expanding business activity, while a value of 50 indicates no change and below 50 indicates contracting business activity.
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Moldmaking Index Extends Movement in Narrow Growth Range
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.
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