MANUFACTURING
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Encouraging Gardner Business Index Implies Expanding Domestic Demand

The Gardner Business Index (GBI) moved higher in the first month of 2020 to close at 49.6. By comparison, a reading of exactly 50 would have implied no change in total business activity. Therefore, January’s number indicates that business conditions contracted only very slightly for the month.

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Encouraging Gardner Business Index Implies Expanding Domestic Demand

Durable Goods Spending Grew at its Fastest Rate Since May 2018

Put the Human Touch Back into B2B Marketing

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GARDNER INTELLIGENCE
Market Reports

GBI: Metalworking Machine Tool Sales Machine Tool Unit Orders Show Improvement in December Machine unit orders contracted just 1.2% in December after four consecutive months of contracting more than 23%.
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January 2020 Durable Goods Spending Durable Goods Orders Contract Faster While new orders in durable goods contracted at their fastest annual rate in December, the rate of contraction should begin to slow in early 2020.
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Real 10-Year Treasury Rate Durable Goods Spending Grows 8.0% in December December’s durable goods spending grew at its fastest rate since May 2018.
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ECONOMIC NEWS
Gardner Intelligence

Change in 10-Yr Rate Negative for 13th Month The real 10-yr Treasury rate was negative for the fifth time in eight months, keeping the annual change in the rate negative for the 13th month in a row.
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Monetary Base Grows Faster for Second Month Accelerating growth in the monetary base is a positive sign for capital equipment consumption later in 2020.
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Production Growth Slower for 11th Month Durable goods production growth will likely turn to contraction in the next month or two.
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See more Manufacturing Economic News