MANUFACTURING
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Adopted into Manufacturing

Jeff Norgord, Marketing and Creative Director, Gardner Business Media, discusses his passion for all things design, advertising and manufacturing and how certain mediums were a precursor to his understanding of design that helped grow his fascination with the manufacturing industry. He wanted to learn how to create and build magazines. And that he did.

Recent Posts

Gardner Business Index for April Falls Slightly

In B2B Market Research, It’s About Quality, Not Quantity

10 Truths About Marketing After the Pandemic

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GARDNER INTELLIGENCE
Market Reports

April 2021 GBI: 62.7 April 2021 GBI: 62.7 The GBI fell slightly after an 8-month trend of accelerating expansion.  The latest reading was supported by readings for supplier deliveries, production and new orders but weighed down by employment and exports.
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Cutting Tool Orders Show Signs of Improvement Cutting Tool Orders Show Signs of Improvement February cutting tool orders were the third highest since the economic lockdown started in March 2020. And, the GBI: Metalworking reached an all-time high in March on strength in new orders, production, and backlogs. This indicates that cutting tool orders should see strong growth in the second and third quarters of 2021.
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Inflation Rate Exceeds Corporate Borrowing Costs Inflation Rate Exceeds Corporate Borrowing Costs That the cost of goods and services (inflation) is rising faster than the cost of borrowing money suggests that the economy has come to an incredible rate intersection.  This is particularly true in the “goods” space where inflation is at 5.4% according to the Bureau of Economic Analysis.
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ECONOMIC NEWS
Gardner Intelligence

Intelligence Blog

Finding Talent When Those Interested in Working Is at a 45-Year Low The number of unfilled manufacturing jobs during the initial months of 2021 has not been higher since the Great Recession. During most months since October 2020, the number of unfilled manufacturing jobs has exceeded 500,000. For reference, during the last business cycle of 2017-2020, the average number of unfilled manufacturing jobs was 430,000. During only two months of that cycle did unfilled openings barely reach 500,000.
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Intelligence Blog

Disposable Income Grows at Record Rate Due to Government Transfer Payments

Unlike most other economic data points being reported right now, changes in real disposable income are not being affected by easy comparisons from one year ago when the economy was locked down. In fact, real disposable income in March 2020 was only 1.4% below the all-time high in disposable income. The massive increase in disposable income is purely a result of record levels of government transfer payments.

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Intelligence Blog

Durable Goods Spending Hits All-Time High in March 2021 Compared with one year ago, durable goods spending increased 44.0%, which was the fastest rate of month-over-month growth ever and the only month ever with growth faster than 24%. Of course, this incredible rate of growth was partially a result of an easy comparison with March 2020 due to the start of the economic lockdown.
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See more Manufacturing Economic News