Michael Guckes

Michael Guckes Former Chief Economist & Director of Analytics

Economics

Supply chain challenges persist into the new year

Quickening expansion in new orders and production activity was counterbalanced by worsening contraction in export activity for the January Composites Index.

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Economics

Supply chains will mean everything for composites in early 2021

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

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Economics

Composites activity expands for third straight month

Production may struggle under slowing new orders and supply chain challenges.

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Economics

Composites activity expansion quickens in October

Seasonal shipping rush sends supplier delivery reading higher, marking the first time since mid-2019 that the Index reported two consecutive months of expanding business activity.

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Economics

Composites Index marks first COVID-era expansion

Expanding new orders, production and employment activity send the Index over 50 for the month of September.

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Economics

Composites Index extends slowing contraction trend in August

Fueled by a positive production reading, the Composites Index faces its fourth month of slowing contraction.

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Economics

Rising Composites Index points to slowing contraction in business conditions

Broad-based increase in Index components suggest an industry is slowing its decline.

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Economics

Composites Index reading remains unchanged from May

June’s readings remain the same as quickening supplier deliveries offset improvement in new orders and production.

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Economics

Composite Index reports slowing decline in business conditions since COVID-19

Registering at 42.3 in May, the Composites Index signals decelerating contraction and improved component readings. 

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Pressure Vessels

Composites Index contracts as COVID-19 disrupts economy

March 2020 Index falls to historic low as domestic and foreign orders activity weakens.

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Construction

Composites Index contracts on weak backlogs

For February 2020, the Composites Index contracted slightly with a reading of 49.7.

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