Michael Guckes

Michael Guckes Chief Economist & Director of Analytics

October Business Index Increased 15.5 Percent in a Year’s Time

By: Michael Guckes

The latest reading set a record high not experienced since before 2012.  

Supplier Deliveries, New Orders Lift Business Index

By: Michael Guckes

Production and employment sustain index growth.

Gardner Business Index: Precision Machining, August 2017 - 54.0

By: Michael Guckes

Compared with a year ago, the index has signaled that the machining industry has been consistently growing each month since the fourth quarter of 2016. 

July Production Machining Business Index Holding Steady

By: Michael Guckes

The Gardner Business Intelligence (GBI) Production Machining index registered 53.1 for July. The index is more than 20 percent above its July value from one year ago.


High Demand Creates Growth in Aerospace Industry

By: Michael Guckes

The combined results of a strong global growth of both passenger and freight air transport demand followed by strong demand for new aircraft and increasing competition between aircraft manufacturers should point to a robust aerospace market for years to come.

Production Machining Index: June 2017 - 55.3

By: Michael Guckes

Production Machining Business Index is holding steady.

Gardner Business Index: Precision Machining, May 2017 - 55.6

By: Michael Guckes

Given the large delta between prices received and input costs, it may only be a matter of time before rising input costs are passed along to machine consumers.

The Present and Future Automotive Industry Conditions: A Commentary

By: Michael Guckes

We project that this year will be another year in which sales stay on their high plateau of recent years.

2017 Precision Machined Products Industry Economic Forecast

By: Michael Guckes

Gardner Business Intelligence (GBI) is the research arm of Production Machining’s parent company, and we gather our data from several industries that our magazines cover. As we look into this year and beyond, we see both positive and negative developments influencing the manufacturing and related industries that are important to our readership.