Precision Machining activity has contracted at about the same rate for three months straight.
Precision Machining activity was spared another month of accelerated contraction and held into October the same index reported in September.
Precision Machining activity contracted at an accelerated rate again in September.
Precision machining activity contracted again in August but was up one point.
Precision machining activity for July was steady with June.
Precision Machining June 2023 marks a bigger drop than previous months’ incremental declines.
The Gardner Business Index: Precision Machining May 2023 indicates components expanding and contracting nearly evenly split.
The Gardner Business Index: Precision Machining carried into April the trend from March, moving from flat into contraction, landing at an index of 48.9.
According to information gleaned from Gardner Business Intelligence surveys, GBI: Precision Machining component activity generally continued in March the ‘right’ paths observed in February.
In February, GBI: Precision Machining component activity generally changed direction in a good way.
The Gardner Business Index (GBI) for Precision Machining indicates that component activity in January looked similar to December.
According to the Gardner Business Index (GBI) for Precision Machining, component activity in December is essentially a continuation of November.
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