Economics
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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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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