Accelerating New Orders and Limited Production Send Backlogs Higher
Accelerating New Orders and Limited Production Send Backlogs Higher
Best Efforts to Increase Output Still Cannot Quell Rising Backlogs
Survey Respondents Report Troubled Supply Chains and Strong Demand
Industry Signals Slowing Business Expansion Excluding Rocketing Supplier Delivery Activity
Index Activity Broadly Improves After Weak 2020 Closing
GBI: Finishing reports a slight overall contraction in the finishing industry for December 2020 – largely due to a drop in new orders in the automotive and aerospace markets.
Lackluster New Orders and Supplier Delivery Activity Challenges Stymie Finishers
GBI’s Finishing Index has reported a second consecutive expansionary reading, signaling the continuing recovery of the finishing industry — but the report also contains supply chain readings that could stymie this recovery if left unaddressed.
New orders, production and employment activity all reported expanding activity in August, fueling a broad-based rise in the Finishing Index.
Production and employment activity report quickening contraction in July.
Index moves nearly 10-Points below prior low of 2012.
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