Economics
Composites industry heads into slightly accelerated contraction in November
The GBI: Composites Fabricating in November continued its general slow-going path of contraction that began in April 2023.
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Composites industry saw stabilized contraction in October
The GBI: Composites Fabricating index has contracted for the seventh month in a row, with one notable change in component activity.
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Composites activity returned with accelerated contraction in September
The GBI: Composites contracted faster again in September, closing down 1.6 points to 45.9, the lowest the index has been in more than 2 years.
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Contraction in composites industry activity slowed in August
The GBI: Composites contracted again in August, but closed up 1.1 points from July, ending 5 straight months of a downward trend.
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Composites industry GBI contracted faster in July
The GBI: Composites maintains its consistent downward trend for the fifth month in a row.
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Composites GBI lost a little ground in June
The GBI: Composites has contracted since April, just barely remaining within a two-point range of 50.
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Composites GBI remains relatively unchanged in May
The GBI: Composites closed May at the same reading reported in April, with some minor fluctuations in component activity.
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GBI: Composites Fabricating contracted in April
The Gardner Business Index closed April down 1.1 points, continuing its journey from expansion in February, to flat in March and ultimately contracting in April.
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Composites industry index was flat for March
The GBI: Composites Fabricating closed March flat, losing 1.3 of the 3.1 points gained in February.
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Composites industry index ends February in growth mode
The GBI: Composites Fabricating closed February at the same level it was in November 2022, right before experiencing a rare two months of contraction.
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