Michael Guckes

Michael Guckes Former Chief Economist & Director of Analytics

VIDEO: Manufacturing’s Growth Rate High, but Slowing

The Gardner Business Index data for June 2018 is now available. Watch Michael Guckes, chief economist, Gardner Intelligence, give his summary of the information he’s learned.

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Business Index Produces Another Choppy Reading

The Precision Machining Index reports another month of volatile up and down readings.  

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Financial Forecasts Show Medical Industry Growth

Wall Street forecasts show ongoing medical industry growth after encouraging first-quarter financial results, and Gardner’s proprietary business index data of manufacturers supplying the medical industry supports this optimism.

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Business Index Growth Moves Higher in May

Precision Machining Index reports the third highest reading in history.

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Index Maintains Third Month of Exceptional Growth

Supplier deliveries led the Precision Machining Index for a second consecutive month.

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Business Index Retains Elevated Status in March

The Precision Machining Index completes its best quarterly performance in history.

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Index Above 60 for Second Month

The Precision Machining Index continues its 2018 expansion after another month of laudable growth.  

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Index Above 60 for Second Month

PMI Continues 2018 Rally Expansion

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Precision Machining Business Index Reading Starts Year in Record Territory

Index Opens 2018 with Record High Reading of 61.7

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December Reading Closes Out an Excellent 2017

December closes above 2017’s record-breaking average reading level.  

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November Index Shows Expansion at Slower Rate

For the year-to-date period, the index has averaged 55.5 and increased by approximately 1 percent in 2017.

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Manufacturing Outlook Sees Growth and Transformation

Gardner Intelligence believes that manufacturing will experience modest expansion in 2018 with U.S. machine tool orders up approximately 5 percent. 

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