Most GBI Metalworking Index Components Near All-Time Highs
The GBI: Metalworking has reached a reading of 62.8, with most of the Index components at or near all-time highs.
Michael Guckes
Chief Economist & Director of Analytics, Gardner Intelligence
Xometry Pay Streamlines Payment For Custom Jobs
Xometry Pay streamlines the payment process for small- and medium-sized manufacturers scheduling custom jobs through Xometry.
VDW Predicts Machine Tool Industry Growth
The VDW (German Machine Tool Builders’ Association) is predicting growth in the machine tool builders’ industry, and recommends investing in engine and alternative fuel research.
Metalforming Companies Expect to Hold the Course in Q1 2021
The PMA’s December 2020 Business Conditions Report shows the surveyed metalforming companies, on average, do not expect a change in business conditions in Q1 2021.
Video: Gardner Business Index 2020 Year In Review
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.
Metalworking Index Signals Slowing Expansion in November 2020
The Gardner Business Index: Metalwork fell to 50.2 in November 2020, indicating that while growth has continued, it is slowing and could turn to another contraction.
GBI Metalworking Index Reports First Expansion Under COVID
The GBI: Metalworking has reported its first month of expansion since the COVID-19 pandemic began restricting economic activity in America.
Business Activity Accelerates Thanks to New Orders and Employment
Slow supply chains and rising prices are still challenges in the near-term.
Michael Guckes
Chief Economist & Director of Analytics, Gardner Intelligence
Metalworking Index Posts ‘No-Change’ Month in September
Metalworking posted a ‘no-change’ (reading of 50.0) month in September thanks to expanding production and new orders activity for the first time since COVID-19 began disrupting the global economy.
Metalworking Index Contraction Slows for Fourth Straight Month
Index components continue to move toward 50, led by production and new orders
Metalworking Business Activity Reports Additional Slowing Contraction
July data extends the slowing contraction trend initially reported in May.
All Metalworking Metrics Continue Trend of Slowing Decline
The metalworking industry index signals decelerating contraction for a second consecutive month.
Metalworking Index Moves Closer to "Normal" for First Time During COVID-19 Crisis
Index signals decelerating contraction as new orders and production readings move higher.
Metalworking Activity Contracts Further as Coronavirus Disruption Continues
Index sets back-to-back all-time lows stemming from extended COVID-19 turbulence.
Metalworking Activity Starts off 2021 Sending Mixed Signals
Despite the passing of the holiday shipping rush, deliveries times lengthen further, impairing production and raising backlogs.
Michael Guckes
Chief Economist & Director of Analytics, Gardner Intelligence
Metalworking Activity Collapses as Coronavirus Forces Broad Economic Contraction
The reading hits a record low as new orders contract, exports shrink and unemployment soars.
February Metalworking Index and the Impact of the Coronavirus
As efforts to counter COVID-19 affect the global supply chain, Gardner Intelligence is carefully tracking their potential impact on the industry.
Metalworking Index Turns Expansionary After 6-Month Slump
Index to report first expansion since May, driven by production and new orders.
Metalworking Index Improves, Led by Supplier Deliveries
All components end 2019 reporting higher readings than the previous month.
Mild Metalworking Index Contracts, Led By Drop in Backlogs
The November Metalworking Businesses Index falls further as new orders, production contract.
Mild Metalworking Index Contraction Extended
The Index posts mild contraction despite growing new orders.
Metalworking Index Closes 2020 With Near Two-Year High
The Gardner Business Index: Metalworking reached a 53.6 reading for December 2020, closing the year with a nearly two-year growth high.
Michael Guckes
Chief Economist & Director of Analytics, Gardner Intelligence
August Metalworking Index Improves Month Over Month
Index sees modest rebound after July lows.
July Metalworking Index Cools on New Orders and Backlog
Leading components of the index experience rapid change.
June 2019 Metalworking Index Advances
Expanding activity in production leads Index growth.
While Slowing, Metalworking Index Still in Growth Mode
Supplier deliveries, production, employment and new orders supporting the industry.
Metalworking Index Continues Modest Growth Trend
Index posts identical readings over three-month period.
Gardner Business Index: Metalworking Extends Its Consistent Growth Pattern
The metalworking index records the fourth month of very consistent expansion.
