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Economics
Metalworking Index Steady Again in October
The GBI: Metalworking continues to hover just below the threshold for expansion.
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Metalworking Index Continues Steady Climb in September
The pace is slow, but the GBI: Metalworking is moving in the right direction for the third consecutive month.
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Metalworking Index Inches up to 49.0 in August
The GBI: Metalworking continues to hover just below expansion, but shops are cautiously optimistic.
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Metalworking Index Sees Little Change in July
The GBI: Metalworking remains stable at 48.3, with July in nearly the same position as June.
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Metalworking Activity Sees Minor Drop in June
Positive results in employment trends and production are offset by supplier deliveries, among other components.
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Metalworking Index Rebounds in May but Short of Expansion
Activity picked up again after April’s stall reflecting tariff policy’s impact on manufacturing.
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After Brief Expansion, Metalworking Index Fell to 46 in April
Metalworking industry begins to feel the impact of tariff uncertainty as business activity slows.
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Last Chance! 2025 Top Shops Benchmarking Survey Still Open Through April 30
Don’t miss out! Modern Machine Shop's Top Shops Benchmarking Survey is still open — but not for long. This is your last chance to a receive free, customized benchmarking report that includes actionable feedback across several shopfloor and business metrics.
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Metalworking Index Reaches Expansion for First Time in 2 Years
After two years of contraction, the Metalworking Index has finally turned a corner. A recovery that started in October has reached a milestone, fueled by increased production and new orders, signaling cautious optimism for the industry.
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Metalworking Activity Continues to Improve in February
On the cusp of expansion, key index components reveal strengthening business conditions.
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