Moldmaking Momentum Cools With January Index of 48.0
The Index continues to trend in the right direction while future business expectations climb.
Moldmaking Index
The Gardner Business Index (GBI) measures the current state of moldmaking activity through survey responses covering new orders, production, backlog, employment, exports and supplier deliveries. A reading above 50 indicates expansion; below 50 indicates contraction.
The Moldmaking Index registered a reading of 48.0 in January to start 2025. The activity shows a slight slowing of momentum after last month’s significant improvement while still progressing toward expansion territory. All components, with the exception of supplier deliveries, improved from last month’s results.
Components Scorecard
The GBI Components Scorecard reports the monthly change rate of primary moldmaking market factors contributing to the overall monthly index reading.
Reading the Scorecard:
- Color indicates where a component value falls relative to 50 for the current month. Green indicates expansion; red indicates contraction.
- Shade indicates a value's distance from 50; the darker the shade, the further from 50.
- Direction indicates a value's change versus the previous period. Pointing up is always better.
Future Business Index
The GBI Future Business Index is an indicator of the future state of the moldmaking market from industry respondents regarding their opinion of future business conditions for the next 12 months. Over 50 is expansion and under 50 is contraction.
The Future Business Index continued to climb in January with a reading of 74.9. The coming months will determine if the strong base of optimism is resilient enough to break the trend of the last two years where encouraging Q1 results were followed by steady decline.
Find the latest moldmaking market research and reporting at GardnerIntelligence.com
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