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Steven Kline, Jr. Chief Data Officer
Steve is Chief Data Officer at Gardner Business Media, Inc., a family-owned business that produces media for durable goods manufacturing industries, including Modern Machine Shop, Production Machining, Additive Manufacturing, Products Finishing, Moldmaking Technology, Plastics Technology and Composites World magazines. He has produced forecasts for his family’s business and the metalworking and plastics industries. Steve has also been working on Gardner’s Capital Spending Survey, the Gardner Business Index, and Top Shops benchmarking survey since 2008. He graduated from Vanderbilt University with a BS in civil engineering and an MBA with an emphasis in finance from the University of Cincinnati. PRESS KIT
Rising Inflation, Disrupted Supply Chains and a Labor Shortage Affect Manufacturing
In 2021, supply chain disruption and rising inflation hit the domestic economy, limiting manufacturing production. These two issues will remain significant factors in 2022.
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2018 Global Machine Tool Consumption Up 4.8%
World machine tool consumption increased $4.1 billion in 2018, despite consumption in China, easily the world’s largest consumer of machine tools, dropping $1.9 billion.
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Gardner Business Index: Precision Machining, April 2017, 52.9
April had the fastest rate of growth that the precision machining index has had since March 2015.
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Gardner Business Index: Precision Machining, March 2017 - 58.4
The precision machining index grew at an accelerating rate for the fifth straight month.
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Precision Machining Index Grew for the Fourth Straight Month in February
The index has improved dramatically since July, when it was only 43.0, compared with February's index, which was 57.7.
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Gardner Business Index: Precision Machining, January 2017 - 56.0
In January, the index reached its highest level since January 2014.
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Gardner Business Index, Precision Machining: December 2016 -- 53.7
The index grew for the second straight month and has improved since July when it was only 43.0.
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Gardner Business Index: Precision Machining, November 2016 - 52.6
The index has improved dramatically since July when it was only 43.0.
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Gardner Business Index, Precision Machining: October 2016 - 48.8
The precision machining index inched up in October to its highest level since March.
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Precision Machining Index: September 2016 - 48.7
The index jumped to its second highest level since February 2015.
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Precision Machining Index: August 2016 – 46.5
The index jumped to its second highest level since July 2015.
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Gardner Business Index: Precision Machining, July 2016 - 43.0
Future capital spending plans increased compared with one year ago.
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