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Gardner Business Index: Precision Machining August 2023
Precision machining activity contracted again in August but was up one point.
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Gardner Business Index: Precision Machining July 2023
Precision machining activity for July was steady with June.
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Gardner Business Index: Precision Machining June 2023
Precision Machining June 2023 marks a bigger drop than previous months’ incremental declines.
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Gardner Business Index: Precision Machining May 2023
The Gardner Business Index: Precision Machining May 2023 indicates components expanding and contracting nearly evenly split.
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Gardner Business Index: Precision Machining April 2023
The Gardner Business Index: Precision Machining carried into April the trend from March, moving from flat into contraction, landing at an index of 48.9.
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Gardner Business Index: Precision Machining March 2023
According to information gleaned from Gardner Business Intelligence surveys, GBI: Precision Machining component activity generally continued in March the ‘right’ paths observed in February.
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Gardner Business Index: Precision Machining February 2023
In February, GBI: Precision Machining component activity generally changed direction in a good way.
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Gardner Business Index: Precision Machining January 2023
The Gardner Business Index (GBI) for Precision Machining indicates that component activity in January looked similar to December.
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Gardner Business Index: Precision Machining December 2022
According to the Gardner Business Index (GBI) for Precision Machining, component activity in December is essentially a continuation of November.
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Gardner Business Index: Precision Machining November 2022
According to the GBI for Precision Machining, component activity in November is essentially a repeat of October.
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What’s Ahead for the U.S. Metalworking Economy?
Although previously robust, the U.S. metalworking economy has softened in recent months. However, the overall outlook remains strong. Even a possible 2023 recession does not appear to be an obstacle to continued growth over the next few years.
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Gardner Business Index: Precision Machining October 2022
The GBI: Precision Machining activity shows 4 of 6 components contracting in October.
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