The March Gardner Business Index (GBI) dipped just slightly this month but stays in expansion territory after having endured over two years of contraction. 

New orders and production saw significant gains, while other index components saw slight improvements. All components saw growth over the previous month with the exception of employment which remained unchanged.

Spending intentions have softened slightly, likely due to increased market uncertainty following recent tariff announcements.

Gardner Business Index (GBI) – March 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. A square denotes little or no movement in the reading.

 
Components Scorecard – March 2025

Spending Intentions from the GBI Survey