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Top News In கார்ட்னர் வணிக குறியீட்டு Today - Breaking & Trending Today

Business Activity Accelerates Thanks to New Orders and Employment

The metalworking manufacturing industry registered quickening expansion in February according to the Gardner Business Index (GBI): Metalworking with a 56.0 reading, up 2.5-points from January. The upward gains made by the overall index were driven by the growing proportion of metalworking shops which reported increasing new orders and employment. Strong new orders activity coupled with a relatively modest expansion in production activity since 4Q 2020 may explain the strong expansion now being witnessed in the latest backlogs reading.
Metalworking Business Index: The Metalworking Business Index reported expanding activity during February. Rising new orders, employment and backlog activity pushed the index higher. Slowing order-to-fulfillment times sent the supplier delivery reading to a new all-time high. ....

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Metalworking Activity Starts off 2021 Sending Mixed Signals

The Gardner Business Index (GBI): Metalworking changed only slightly during January from where it ended in 2020 as the Metalworking Index moved only a fraction of a point lower to 53.5.
Metalworking Business Index: The Metalworking Business Index closed only slightly lower at the end of the first month of 2021. New orders activity continued to expand but the ability to complete these orders remained challenging as evidenced by rising backlog readings.
Five of the index’s six components registered expansionary readings with export activity remaining stubbornly in contractionary territory. Supplier delivery activity fell only 1/10
th of a point from its all-time high set just one month ago. New orders and production activity further propelled the Metalworking Index higher with each measure marking its fifth consecutive month of expanding activity. Employment activity reported slowing expansion in the latest month while backlog activity rose to a 2-year high. ....

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Finishing Index Ends Year Lower As New Orders Contract

Finishing Index Ends Year Lower As New Orders Contract
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Metalworking Index Signals Slowing Expansion in November 2020

The Gardner Business Index (GBI): Metalworking registered its first consecutive pair of expansionary readings since June of 2019 thanks to October and November readings of 52.9 and 50.2, respectively. The Index’s slowing expansion reading in November came largely as a result of falling production and new orders. Despite their declines, both measures remained above 50 during November, indicating that a slightly greater proportion of survey respondents reported improving business conditions than those who reported contracting conditions. Readings for employment, backlogs and exports all fell further below 50, signaling a quickening contraction in these areas of business activity.
Seasonal shopping demand and COVID vaccine distribution may further complicate the efforts of logistics firms and upstream suppliers to keep manufacturers well stocked with the inputs they need to meet production goals. ....

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