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Michael Guckes Former Chief Economist & Director of Analytics
Michael has been in the economics and industrial space for 20 years. During the last 5 years he has been with Gardner Intelligence managing and reporting the Gardner Business Index. He has extensive experience in forecasting and modeling using advanced statistical techniques. He has successfully applied his expertise at multi-billion dollar companies in the construction, banking and insurance fields. Michael received his BA in Economics and Political Science from Kenyon College and his MBA from The Ohio State University. PRESS KIT
Composites industry begins 2022 with a burst of activity
January’s business activity readings remain robust in the face of a reduced labor supply and struggling supply chains.
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Composites Index ends volatile 2021 better off than where it started
The Composites Fabricating Index gives an overarching outlook on the 2021 calendar year and how readings compare to 2020.
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Easing supply chain constraints may open production flow
Inflated supplier delivery readings have made a significant decline in November, pointing to a slow, if not steady, improvement in the supply chain.
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Broad-based industry expansion limited by supply chain conditions
October’s readings reflect significant expansion in export orders, new orders, production, employment activity, backlogs and prices received, with a widening “production deficit.”
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Contracting employment and production activity weigh on composites fabricators
Weak employment activity indicated by September readings compounds production supply chain woes.
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Data signal a pivotal moment for composites industry
Mixed signals from the Composites Fabricating Index suggest that supply chain problems are holding back the industry from greater expansion.
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Slowing industry expansion led by decline of new orders
A slowing July expansion is reflected by new orders, production and backlog readings, the latter of which experienced a 15-point decline, one of the largest single-month declines in recorded history.
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Composites Index sets two all-time highs in three months
Supported by strong business conditions and struggling supply chains, the June Composites Index set a new high reading.
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Composites Index sustains a third month in record territory
Accelerating new orders, backlogs and challenging supply chains propel the index higher for the month of May.
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Composites index moderates lower after all-time high
Composite fabricators report slowing expansion in new orders, production, with gains made in supplier delivery and employment activity readings.
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Composites Index jumps five points to an all-time high
Volatile March survey finds troubled supply chains and strong demand.
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Slow supply chains and strong demand elevate material prices
The Composites Fabricating Index set a new multi-year high for the month of February. Fabricators should expect material prices to remain highly volatile the longer that supply chains remain disrupted.
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