MANUFACTURING
Insider's Blog
GBI Rebounds Slightly in August
The Gardner Business Index (GBI) experienced a modest rebound in August, registering 49.0. Gardner Intelligence’s review of the underlying data for the month observed that the Index was supported by supplier deliveries and production, as well as a ‘no change’ reading in new orders.
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Market Reports
Capacity Utilization Contraction Accelerates
August was the second month in a row of accelerating contraction and the fastest rate of month-over-month contraction since November 2016.
10-Year Treasury Rate Annual Change Lowest since December 2017
In August, the year-over-year change in the real 10-year Treasury rate was -0.74%, which was the eighth consecutive month the change was negative and the lowest the change has been since December 2017.
Monetary Base Contraction Continues Deceleration
August was the fourth consecutive month of decelerating contraction and the second straight month that the month-over-month rate of contraction was less than 10%.