economics
November MBI Growth Remains Steady
With a reading of 51.3, Gardner’s Metalworking Business Index showed that the industry grew in November for the 11th consecutive month and the 13th time in 14 months, at a rate slightly faster than October. The month-over-month rate of growth was just 2.0 percent, which was the second slowest rate of growth since August 2013, and the annual rate of growth decelerated for the second month in a row.
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September 2014 MBI Shows Slowed Expansion
With a reading of 50.9, Gardner’s Metalworking Business Index showed that the industry grew in September for the ninth consecutive month and the 11th time in 12 months, although the rate of expansion was the slowest of 2014.
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August 2014 MBI Growth Rate Accelerates
With a reading of 52.3, the metalworking industry grew in August for the eighth consecutive month and the 10th time in 11 months.
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MBI Shows Growth in Four of Last Five Months
With a reading of 53.4, Gardner’s metalworking business index showed that conditions in metalworking continued to expand at a significant rate in February. The industry has grown four of the last five months, although February’s rate of growth was slightly slower than the rate of growth in January.
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Industry Shows Fast Growth
With a reading of 54.2, Gardner’s metalworking business index for January showed that conditions in the metalworking industry have improved dramatically.
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October MBI at 50.7 – First Growth in Six Months
With a reading of 50.7, Gardner’s metalworking business index showed that the metalworking industry expanded for the first time since March 2013.
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MBI at 44.6: The Contraction Continues
With a reading of 44.6, Gardner’s metalworking business index showed that the metalworking industry contracted at its fastest rate since November 2012.
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June MBI at 48.5 – Contraction Slows Significantly
With a reading of 48.5, Gardner’s metalworking business index showed that the metalworking industry contracted at a much slower rate in July compared to June.
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July MBI Shows Industry Performance Moderating
With a reading of 48.3, the Metalworking Business Index showed that the metalworking industry has contracted for the first time in three years.
Read MoreMBI Shows Consistent Growth for Industry
With a reading of 54.9, the April metalworking business index showed that the metalworking industry had grown at a fairly consistent rate since October 2011.
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