Economics
Demand components lead to composites GBI contraction
For the first time in two years, the Composites Fabricating Index has contracted, though components continue to shift between expanding and contracting activity.
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Composites Index rebounds in November
The GBI: Composites Fabricating closed November up nearly two points, registering expanding activity versus October’s close call with contraction.
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Composites GBI is headed toward contraction
The GBI: Composites Fabricating in October continued its deceleration trend, though it fared better than most of the manufacturing industry.
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GBI: Composites Fabricating approaches contraction in September
The GBI: Composites Fabricating closed September on the verge of “flat,” a reading the Index has not seen in two years.
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Composites industry GBI holds its own in August
The GBI: Composites Fabricating ended August with slowed expansion but managed to stay above water, with all component indices continuing to show slowed rates of growth.
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Composites industry perpetuates deceleration trend into July
The Composites Fabricating Index continues to experience slowed growth in a majority of its components, inching closer to a reading of “50.”
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Composites industry continues early 2022 trends into June
As in May, a majority of the components in the Gardner Business Index (GBI): Composites Fabricating continue movement into slowed expansionary growth.
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Composites industry continues slowing expansion trend
The composites GBI “plays it again” in May at 56.7, mostly following the trend of slowing component expansion, though employment is an exception.
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Composites Index experiences fluctuating expansion
The GBI: Composites Fabricating continues to shift between accelerated and slowed expansion in short periods of time, but not enough to anticipate risk of contraction.
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Composites industry continues 2022 upswing
The Gardner Business Index closed March out at 61.4, with production activity continuing to persist despite some restraints caused by supplier delivery and employment components.
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