Precision Machining Index Up on the Return of Employees
By: Michael Guckes
Hiring activity lifts overall index.
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Production Machining Activity Slowed in Third Quarter
By: Michael Guckes
Third quarter activity was complicated by hiring and supply chain constraints
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Precision Machining Extends Upward Advance Moving into New Year
By: Michael Guckes
Rising new orders by constrained production lifts backlog reading to 18-month high
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COVID-19 Pessimism Results in Steel Supply Shortages
By: Michael Guckes
If inflation continues in light of effective vaccines, manufacturing’s greatest problem may not be one of chasing limited demand, but of limited supplies resulting in empty shelves in the face of wanting buyers.
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Unique 2020 Recession Impacts Market Segments Differently
By: Michael Guckes
There are many reasons why the present recession requires business leaders to think differently about this recession and not necessarily rely on the lessons learned from past downturns.
Index Contracts in September After a Promising August
By: Michael Guckes
All components report lower readings after August expansion.
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Production Machining Index Remains Unchanged from May
By: Michael Guckes
Index registers higher new orders and production readings, quickening supplier deliveries
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Production Machinists Report Slowing Decline in Business Conditions
By: Michael Guckes
Index signals decelerating contraction as all components report improved readings.
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Business Activity Contraction Quickens as Economic Shutdown Endures
By: Michael Guckes
April’s New Orders and Production Activity Collapse as Index Falls to All-Time Low.
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Precision Index Contracts as Coronavirus Disrupts
By: Michael Guckes
Multiple Index Components Report Record Lows
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PMI Benefits from Expanding Production Activity
By: Michael Guckes
Volatile shifts in Index components may be a sign of more to come.
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Precision Machining Activity Slows Decline
By: Michael Guckes
The Precision Machining Index moved higher during the first month of 2020, registering a modest increase to 48.3.
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