Economics
Market Indicators Continue to Soften in Metalworking
The overall metalworking index is down more than a point, but future business is up slightly.
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Metalworking Activity Stabilizes in July
July closed at 44.2, which interrupts what had been three months straight of accelerating contraction.
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Metalworking Activity Trends Down Again in June
The Metalworking Index closed at 44.3 in June, down 1.2 points relative to May, marking a 2024 low.
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Metalworking Activity Trends Downward in May
Accelerated contraction and declines in business optimism span manufacturing segments. Odds are that broad-reaching economic factors are at play.
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Metalworking Activity Trends Slightly Downward in April
The interruption after what had been three straight months of slowing contraction may indicate growing conservatism as interest rates and inflation fail to come down.
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Metalworking Activity Holds Steady in March
Overall metalworking activity leveled off in March, but not to a point of concern.
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Metalworking Activity is on a Roll, Relatively Speaking
February closed at 47.7, up 1.4 points relative to January, marking the third straight month of slowed contraction.
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Metalworking Activity Starts Year With Slowing Contraction
The GBI: Metalworking welcomed the new year with slowed contraction of components for the second month in a row.
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Metalworking Activity Shows Signs of Stabilizing Contraction
Metalworking activity continued to contract in what has become a rather characteristic GBI ‘dance.’
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Metalworking Activity Remained on a Path of Contraction
Steady contraction of production, new orders and backlog drove accelerated contraction in November.
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