Gardner’s Precision Machining Index Shows Business Flattened

According to Steven Kline, Jr., market analyst for Gardner Business Media Inc., parent company to PM, the October PMI showed that business conditions in the industry flattened.

According to Steven Kline, Jr., market analyst for Gardner Business Media Inc., parent company to PM, the October PMI showed that business conditions in the industry flattened. He says the index is the highest it has been since February this year, and this was the first time since the index began that the month-over-month rate of change was positive.

To read more about the latest business conditions in our industry, read “Business Conditions Flatten.”