January’s 52.3 reading pushes the Gardner Business Index back into expansion for the first time in 10 months, fueled by sharp gains in key components.
Material prices are on the rise but overall conditions remain strong for metalworking.
Strong gains in key components drive GBI to second consecutive expansion reading for the month of February.
A small dip in the Index masks a largely positive month for orders, output and suppliers.
Production and new orders fuel continued expansion, despite softening expectations for future activity.
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