The February Gardner Business Index (GBI) rose again this month and finally surpassing the expansion mark landing at 50.3. This is the first time since August of 2022 that the index was over 50.

These components saw a significant gains from last month:

• New Orders gained 4.7 points
• Production gained almost 3 points
• Backlog is up 3 points

Employment was slightly higher while exports declined marginally. Future business expectations dropped slightly for this month.

Gardner Business Index (GBI) – February 2025

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.

Components Scorecard – February 2025

Spending Intentions from the GBI Survey