Gardner Business Index Increased During January Thanks to Expansionary Readings in Five of Index’s Six Components

Wednesday, February 3, 2021

January 2021 Gardner Business Index

The Gardner Business Index January 2021’s reading of 54.4 marks the highest reading since the fourth quarter of 2018 when the Index was coming off its longest expansion since at least 2011.

The Gardner Business Index (GBI) moved higher in the first month of the new year, continuing along the expansionary trajectory set during the final quarter of 2020. January 2021’s reading of 54.4 marks the highest reading since the fourth quarter of 2018 when the Index was coming off its longest expansion since at least 2011. All six of the components which constitute the Index again moved higher in absolute terms during the month with production and new orders each reporting their sixth consecutive month of expansionary activity. Read more