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The Composites Index moderated in April as declining readings for new orders, production and backlog activity more than offset gains in supplier delivery and employment activity. Falling readings which remain above 50 signal a slowing expansion for that activity. The Composites Index fell from its March reading, ending April at 62. Among the six components which constitute the Index, the supplier delivery reading moved above a reading of 80 for the first time, securing a third consecutive month of expanding activity. Further, this component reading now stands 16 points above its 2018 all...

The Composites Fabricating Index set a new multi-year high resulting from accelerating activity in new orders, employment, backlogs and supplier deliveries. The Composites Index rallied 6 points during February to close at a 2 ½-year-high reading of 58.3. The month’s gains were driven by a 10-point increase in new orders activity followed by a 7-point increase in backlog and supplier delivery readings and a 6-point increase in employment. Backlog, new orders, supplier delivery and employment activity all set multi-year records during the month.  The history of the Composites Index indicat...

Figure 1. Composites Index: current general business situation. Composites Germany (Berlin, Germany), a trade association with an aim to strengthen the German composite industry, has recently made the results of its 16 th Composites Market Survey available, which identifies the latest key performance indicators (KPIs) for the fiber-reinforced plastic (FRP) market. The survey also covered all member companies of the three major umbrella organizations of Composites Germany, including Industrievereinigung Verstärkte Kunststoffe (AVK, Frankfurt, Germany), Leichtbau Baden-Württemberg (Stutt...

Lengthening order-to-fulfillment times caused the reading for supplier deliveries to surge, lifting the overall December Composites Index into expansionary territory.

Composites Fabricating Business Index: Total business activity expanded for a third consecutive month in November 2020, helped by the slowing expansion in new orders and production activity. The supplier delivery reading elevated the overall Index by over 2 points, keeping the Index above 50. The Composites Index ended November at 51.8, signaling the industry’s third consecutive month of overall expanding business conditions, made possible by a multi-month trend of expanding new orders, production and employment. The spread between production and new orders activity widened in part due to...