MANUFACTURING
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Gardner Business Index (GBI) Registers at 52.9: Supplier Deliveries and Production Continue to Lead Economic Activity in the Manufacturing Sector

Gardner Intelligence reviewed the underlying data for the month and observed that the Index – calculated as an average of its components – was supported by supplier deliveries, production and employment. The components which lowered the Index included backlogs and exports. New orders also lowered the Index, as it registered slightly below the average of the components. Both backlogs and exports contracted during the month.

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