Michael Guckes Chief Economist & Director of Analytics

Michael has nearly 20 years of experience in forecasting and modeling using advanced statistical techniques. He has successfully applied his expertise at multi-billion dollar companies in the construction, banking and insurance fields. Michael received his BA in Economics and Political Science from Kenyon College and his MBA from The Ohio State University.

Precision Machining Index Ends October at 16-Month High

By: Michael Guckes

New Orders and production lift Index, while supplier deliveries cast a shadow.
#opinion

Index Contracts in September After a Promising August

By: Michael Guckes

All components report lower readings after August expansion.
#opinion

Index Gains 3 Points to Register First Expansionary Reading Since COVID-19

By: Michael Guckes

Production and new orders activity bolster Index to best reading since 2019.
#opinion

Index Moves Markedly Higher After Falters in Second Quarter

By: Michael Guckes

July reading advances 11 points, closing gap with other manufacturing technologies.
#opinion

Production Machining Index Remains Unchanged from May

By: Michael Guckes

Index registers higher new orders and production readings, quickening supplier deliveries
#opinion

Production Machinists Report Slowing Decline in Business Conditions

By: Michael Guckes

Index signals decelerating contraction as all components report improved readings.
#opinion

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.
#opinion

Precision Index Contracts as Coronavirus Disrupts

By: Michael Guckes

Multiple Index Components Report Record Lows
#opinion

PMI Benefits from Expanding Production Activity

By: Michael Guckes

Volatile shifts in Index components may be a sign of more to come.
#opinion

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.
#opinion

Production Machining Activity Contraction Slows at Year End

By: Michael Guckes

The Precision Machining Index moved higher in the last month of 2019, registering 47.6. December’s relatively higher reading compared with the prior month’s indicates that business activity contracted at a slower rate in the latest month.

Precision Machining Index Extends Contractionary Trend

By: Michael Guckes

The Precision Machining Index was relatively unchanged during November at 46.0; extending its contractionary trend for a fifth month.
#opinion