MANUFACTURING
Insider's Blog
Gardner Business Index (GBI) Registers at 53.6: Metalworking Extends Its Consistent Growth Pattern
Gardner Intelligence’s review of the underlying data for the month observed that the Index, which is calculated as an average of its components, was supported by supplier deliveries, new orders, production and employment. Export and backlogs lowered the Index for the second consecutive month, with backlogs contracting faster than exports.
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GARDNER INTELLIGENCE
Market Reports
February Sees 89,700 Housing Permits Filed
February’s permits contracted 2.6 percent compared with one year ago, contracting for the second month in a row.
Durable Goods Orders Contract for First Time Since June 2018
The annual rate of growth decelerated for the fourth month in a row, moving from 5.5 to 4.5 percent.
Durable Goods Spending Grows at 1.0 Percent
January’s rate of growth was the slowest since August 2010 when the month-over-month change actually contracted.