Economics
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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Composites Index shows little change in January
The GBI: Composites Fabricating closed January at around the same contractionary reading in December, with a majority of components following suit.
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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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