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Steven Kline, Jr. Chief Data Officer
Steve is Chief Data Officer at Gardner Business Media, Inc., a family-owned business that produces media for durable goods manufacturing industries, including Modern Machine Shop, Production Machining, Additive Manufacturing, Products Finishing, Moldmaking Technology, Plastics Technology and Composites World magazines. He has produced forecasts for his family’s business and the metalworking and plastics industries. Steve has also been working on Gardner’s Capital Spending Survey, the Gardner Business Index, and Top Shops benchmarking survey since 2008. He graduated from Vanderbilt University with a BS in civil engineering and an MBA with an emphasis in finance from the University of Cincinnati. PRESS KIT
July Points to Another Strong Month for Machine Tool Orders
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.
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Real Cutting Tool Orders Second Highest Since March 2020
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.
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Unit Machine Tool Orders Highest Since October 2018
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.
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Machine Tool Orders Grow More Than 50% for Second Month
The strong growth in the metalworking industry should lead to accelerating growth in machine tool orders throughout 2021.
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April Machine Tool Orders Best April Since 1998
April’s month-over-month rate of growth was the fastest since since May 2011, with a 55.6% increased in units ordered compared to last year.
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March Cutting Tool Orders Highest in 13 Months
March cutting tool orders reached $177.6 million, which Gardner Intelligence says is close to a normal, pre-lockdown level. Starting in April, rapidly accelerating growth in the rate of change is expected.
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March Machine Tool Orders Most Since March 2019
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.
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February Machine Tool Order Growth Fastest Since September 2018
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.
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The 2020 World Machine Tool Survey Shows Machine Tool Downturn Continued
The 2020 World Machine Tool Survey details the machine tool production, imports, exports and consumption of 62 countries, as well as trends in key leading indicators and the top five imported and exported machine tool types.
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Machine Tool Orders Start 2021 on a Positive Note
January machine tool unit orders grew 9.1%, marking the fourth month of growth in the last five months. Also, dollar orders grew for the third month in a row.
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Cutting Tool Orders Poised for Growth in 2021
The annual rate of contraction in cutting tool orders has nearly bottomed. And, based on trends in the Gardner Business Index and macroeconomic manufacturing data, cutting tool orders should see double-digit growth by year-end.
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Manufacturers Experience Fewer Changes with Less Impact from COVID-19
In the second week of a survey on COVID-19, manufacturers reported fewer changes to their business with less severe impact on their with the lone exception of travel related activities.
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