Economics
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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Composites Index sets two all-time highs in three months
Supported by strong business conditions and struggling supply chains, the June Composites Index set a new high reading.
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Composites Index sustains a third month in record territory
Accelerating new orders, backlogs and challenging supply chains propel the index higher for the month of May.
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