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Finishing Index Ends Year Lower As New Orders Contract

Finishing Index Ends Year Lower As New Orders Contract
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Metalworking Index Signals Slowing Expansion in November 2020


The Gardner Business Index (GBI): Metalworking registered its first consecutive pair of expansionary readings since June of 2019 thanks to October and November readings of 52.9 and 50.2, respectively. The Index’s slowing expansion reading in November came largely as a result of falling production and new orders. Despite their declines, both measures remained above 50 during November, indicating that a slightly greater proportion of survey respondents reported improving business conditions than those who reported contracting conditions. Readings for employment, backlogs and exports all fell further below 50, signaling a quickening contraction in these areas of business activity.
Seasonal shopping demand and COVID vaccine distribution may further complicate the efforts of logistics firms and upstream suppliers to keep manufacturers well stocked with the inputs they need to meet production goals. ....

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The Gardner Editors' Great Big 2020 Holiday Gift Guide


But I’d argue that here at Gardner we have something better a view into the real world of our readers. We cover Metalworking, Plastics, Composites, Mold Making, Automotive, Industrial Cleaning, Precision Machining, and Additive Manufacturing – so who would know better just the right gifts for the amazing, hard-working men and women in our industry?
Once the editorial teams here at Gardner got going, there was no stopping them. The recommendations came flooding in, and this list got HUGE. We know that a pocket loupe is helpful on a shop floor. That an industrial designer will appreciate the craftsmanship of a composite messenger bag. That women machinists are total badasses and deserve to show off their skills. That sophisticated upgrades on shop-floor necessities like safety glasses and steel toe shoes are an everyday luxury. ....

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