MANUFACTURING
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Capital Spending Tooling Survey Indicates 13% Increase in Spending on Cutting Tools

Gardner Business Intelligence's Capital Spending Survey is an annual survey that collects statistics regarding budgeted spending on machine tools, testing equipment, software and more that are then projected across the metalworking industry based on plant size.

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Capital Spending Tooling Survey Indicates 13% Increase in Spending on Cutting Tools

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GARDNER INTELLIGENCE
Market Reports

Treasury Rate Positive Indicator for Durable Goods Manufacturing In June, the year-over-year change in the real 10-year Treasury rate was -0.66%, which was eighth consecutive month the change declined and the sixth-straight month the change was below zero.
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Gardner Business Index, June 2019 GBI Shows Multiple Trends in Manufacturing Industry The GBI components imply that the upstream market has done a commendable job of moderating production since early 2018.
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Cutting Tool Orders Strong But Slowing The annual rate of growth decelerated for the fourth straight month to 8.4%, which was the slowest rate of annual growth since January 2018.
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ECONOMIC NEWS
Gardner Intelligence

Intelligence Blog

Housing Permits Stay Above 105,000 However, permits contracted 9.5% month-over-month, which makes six-straight months of month-over-month contraction.
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Intelligence Blog

Durable Goods Production Reaches Highest Level Ever Production is still growing month-over-month, but the growth rate is slowing down.
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Intelligence Blog

Capacity Utilization Hits Highest Point in 3 Months However, durable goods capacity utilization has contracted two of the last three months compared with one year ago.
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See more Manufacturing Economic News