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Metalworking Marketer
Wednesday, May 15, 2019

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

According to the GBI, manufacturing activity between the end of 2018 and the present has been consistently driven by activity in production and supplier deliveries, with new orders and employment supporting it to a lesser degree. One significant change in the manufacturing sector in the year-to-date period has been in backlog activity, which a year ago was near record-high levels of expansionary activity and in recent months has contracted to levels last seen in late 2016. Read more

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