Moldmaking Activity Begins 2024 With Slowed Contraction
January index reading reflects February-March 2023 readings as it slinks toward a reading of 50. There are high hopes that it may continue on this path to sustained expansion for 2024.
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Contraction in Moldmaking Activity Slowed According to GBI
The moldmaking index almost bounced back to November’s reading but stopped one point shy, as most components slowed or stabilized contraction in December.
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November GBI Saw a Drop in Moldmaking Activity
The moldmaking index experienced a high degree of accelerated contract, primarily driven by production, new orders and backlog readings.
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GBI Shifts to Second Straight Month of Slowing Contraction
While contraction has been an ongoing course for activity in the GBI: Moldmaking, its slight slowing might suggest that positive change is coming.
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GBI: Moldmaking Undertakes Slightly Slowing Contraction
While most component activities remained unchanged in September, employment and supplier deliveries indicate a brief let-up from the contraction trend.
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Contraction is the Consistent Trend for Moldmaking
The August Gardner Business Index (GBI): Moldmaking saw more of the same contraction activity that has been reported the last four months.
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Moldmaking Industry GBI Contracts for Four Months Straight
The GBI Moldmaking ended the month at 45.8, down one point from June, with components contracting or nearing contraction activity.
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June GBI: Moldmaking — More of the Same
Several components contracted even faster in June, driving a consecutive second 0.6-point drop in moldmaking activity.
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May Moldmaking Index Trends Downward
Contraction, experienced by most May components, continues to be familiar territory for the GBI: Moldmaking Index.
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Moldmaking GBI Returns to Contraction After One-Month Respite
After a challenging move into the 50s in March, the April GBI returned to a mostly consistent state of contraction, the result of recent market dynamics.
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Moldmaking Industry GBI Snuck Into Growth Territory in March
Growing for the first time since August 2022, the Gardner Business Index (GBI) Moldmaking ended March at 50.9, somewhat against the odds given the market developments that month.
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February's Moldmaking Industry GBI Crept Toward Growth
Despite contracting activity, moldmaking landed itself on the cusp to potential expansion in March, further encouraged by the slowing contraction of most Index components.
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Moldmaking GBI Continues its "Spark" in January
Moldmaking activity contracted again in January, but the pace has continued to slow, suggesting that things might be looking up if it continues.
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Moldmaking GBI Reveals Change of Pace in Contractionary Activity
The Gardner Business Index Moldmaking closed in December at 47.2, up two points from November’s 45.2, a positive note after several months of downturned activity.
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Components Drive Downturned Activity in Moldmaking GBI
Gardner Intelligence reports a steady contractionary period for the November Gardner Business Index (GBI) Moldmaking.
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Moldmaking Industry GBI Follows Industry in Contraction Trend
The October Gardner Business Index (GBI) for moldmaking experienced a second month of contraction.
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Moldmaking Industry Contracts for First Time in Two Years
The September Gardner Business Index (GBI) for moldmaking indicates more components are contracting than expanding.
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Moldmaking Industry GBI Ends August Flat
The August Gardner Business Index (GBI) indicated a lack of growth, having squeaked out a reading just barely above the line dividing expansion and contraction.
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Moldmaking Industry GBI Perpetuates Deceleration Trend into July
Every component experienced contraction in July, led by enduring supply chain disruptions.
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Moldmaking Index Continues Slowing Expansion Trend
The Gardner Business Index (GBI) and the majority of its components showed up in June at a slowing rate of expansion that has not been seen since early 2021.
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