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GBI Rebounds Slightly in August

The Gardner Business Index (GBI) experienced a modest rebound in August, registering 49.0. Gardner Intelligence’s review of the underlying data for the month observed that the Index was supported by supplier deliveries and production, as well as a ‘no change’ reading in new orders.

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GBI Rebounds Slightly in August

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GARDNER INTELLIGENCE
Market Reports

Gardner Business Index August 2019 GBI Rebounds Slightly in August The GBI rebounded modestly after marking a multi-year low in the prior month.
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Durable Goods Spending Hits Fastest Growth Since August 2018 Month-over-month, July consumer durable goods spending grew 5.7%, just above the historical average.
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GBI: Metalworking Income Growth Slows in July The month-over-month rate of growth was 3.0%, which was the slowest rate of growth since April 2017.
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ECONOMIC NEWS
Gardner Intelligence

Durable Goods Orders Grow for First Time in Six Months Month-over-month, durable goods new orders grew 0.9% in July, which was the first month of growth since January.
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July Shows Mixed Results in Machine Tool Orders While every region but one reported a decrease in units, three of six regions record an increase in dollars sold.
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Intelligence Blog

Aerospace and Industry Outlook Webinar Join Gardner Intelligence’s Michael Guckes and Composites World’s Scott Francis in a livestreaming webinar as they discuss the near-term outlook of the aerospace industry.  
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