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 Extends Upward Advance Moving into New Year

By: Michael Guckes

Rising new orders by constrained production lifts backlog reading to 18-month high
#opinion

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.
#opinion

Precision Machining Index Signals Slowing Expansion

By: Michael Guckes

Supplier deliveries reading keeps index above ‘50.’
#opinion

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.

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 #covid-19

Precision Index Contracts as Coronavirus Disrupts

By: Michael Guckes

Multiple Index Components Report Record Lows
#opinion #covid-19