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Moldmaking Index Falls Sharply
The Moldmaking Index fell sharply in May. The month’s results were surprising as survey participants reported strong new orders while simultaneously reporting contracting backlogs.
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Industry Outlooks Diverge within Consumer Products
As 2020 earnings expectations diverge within within the consumer products sector, industry outlooks are likewise diverging.
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Packaging Outlook Shifts With New Data
With a large portion of the industry having released its data for the first quarter, capital expenditures for the industry reported contracting growth.
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Moldmaking Index Nears One-Year High
The Gardner Business Index (GBI): Moldmaking reached its highest level in nearly a year with an April reading of 55.7, a level which it last registered in May 2018. Readings above 50 indicate expanding business activity, while a value of 50 indicates no change and below 50 indicates contracting business activity.
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Medical Industry Improves Free Cash Flow
Free cash flow improvement exceeds reduction in capital expenditures, signaling continued medical industry growth.
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Moldmaking Index Extends Movement in Narrow Growth Range
The Gardner Business Index (GBI): Moldmaking registered 52.6 in February, extending its narrow range of growth readings since September 2018, when it registered less than 200 basis points higher.
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Expectations for Electronics Defy Headlines
From a domestic perspective, the electronics industry seems expected to follow in-line with the overall economy’s growth for 2019, though firms with greater exposure to China may have to be more cautious during the year.
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Packaging Growth Indicates Strong 2019
As the plastics industry adjusts to 2018’s higher new orders volumes, capital expenditures in the industry have increased significantly.
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Regulatory and Market Changes Impact Moldmaking
U.S. manufacturing will see significant impacts to the agriculture, aerospace and software industries because of the changing trade stance between America and it’s top trading partners including China, Canada and Mexico
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