MANUFACTURING
Insider's Blog
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
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GARDNER INTELLIGENCE
Market Reports
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%.
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.
Durable Goods Spending Grows 8.0% in December
December’s durable goods spending grew at its fastest rate since May 2018.