MoldMaking Technology

NOV 2018

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GARDNER BUSINESS 38 MoldMaking Technology —— NOVEMBER 2018 MOLDMAKING 1/13 7/13 1/14 7/14 1/15 7/15 1/16 7/16 1/17 7/17 1/18 7/18 40 50 60 54.4 Index Growth Continues to Seesaw Registering 54.4 for September 2018, the averages-based Gardner Business Index (GBI): Moldmaking expanded sharply after setting a two-year low in August. Compared to the same month one year ago, the Moldmaking Index is up 1.9 percent but is well below the all-time high readings that it reached during the ‡irst quarter of 2018. Gardner Intelligence's review of the underlying data for the month reveals that production and new orders recorded sharp expansions for the month along with smaller gains in backlogs and employment. Production, supplier deliveries and new orders lifted the Moldmaking Index, while employment, back- logs and exports lowered the Moldmaking Index. Exports were the only component of the Moldmaking Index to contract during the month, meaning that it registered a reading below 50.0. Production, supplier deliveries and new orders lifted the Moldmaking Index, at 54.4 for September 2018. Michael Guckes is the chief economist for Gardner Intelligence, a division of Gardner Business Media (Cincinnati, Ohio, United States). He has performed economic analysis, modeling and forecasting work for nearly 20 years among a range of industries. He is available at mguckes@gardnerweb.com. Significantly greater expansion in production and new orders lifted the Moldmaking Index for September 2018. It is possible that several months of recent expansion in supplier deliveries is boosting production. It is possible that an increase in supplier deliveries in the second and third quarters of the year is contributing to the production rebound evident in the underlying data of the Moldmaking Index. PRESENTED BY ABOUT THE AUTHOR Stay ahead of the curve with Gardner Intelligence. Visit GBI's blog at gardnerintelligence.com. Gardner Business Index (GBI): Moldmaking Supplier Deliveries and Production (3-Month Moving Average) 6XSSOLHU'HOLYHULHV 3URGXFWLRQ

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