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
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.
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.
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.
Michael Guckes
Chief Economist & Director of Analytics, Gardner Intelligence
Metalworking Activity Contracts Further as Coronavirus Disruption Continues
Index sets back-to-back all-time lows stemming from extended COVID-19 turbulence.
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.
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.
Michael Guckes
Chief Economist & Director of Analytics, Gardner Intelligence
Mild Metalworking Index Contraction Extended
The Index posts mild contraction despite growing new orders.
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.
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.
Michael Guckes
Chief Economist & Director of Analytics, Gardner Intelligence
Gardner Business Index: Metalworking Extends Its Consistent Growth Pattern
The metalworking index records the fourth month of very consistent expansion.
Metalworking Index Extends Its Consistent Growth Pattern
The February Index records four months of consistent expansion.
Metalworking Index Starts 2019 with Growth
The Gardner Business Index: Metalworking moves back to former growth levels from earlier in business cycle.
Gardner Business Index (GBI): Metalworking Set Two-Year Expansion Record
December’s Index marked 24 consecutive months of growth.
Metalworking Index: Strong Production and Supplier Deliveries Decrease Backlog Growth
The Gardner Business Index (GBI): Metalworking’s November reading of 54.7 marks the 23rd consecutive month of expansion.
Deliveries, Production and New Orders Lead Index Expansion
Weakness in exports seems to have little effect on total new orders.
