Your Best Finish Starts With TTX!
Published

Finishing Activity Contracted in December, Up 1.3 from November’s 43.6

Finishing activity posted its first uptick, in this case, a slight slowing of contraction, since August 2023.    

Share

The Gardner Business Index (GBI): Finishing, in contraction mode since April 2023, closed the year with a marginally encouraging reading.

  • Optimism about future business, while not part of the GBI calculation, increased in December, providing another sign of encouragement.
  • Slowed contraction in new orders and backlog drove the change in the overall Finishing index.
  • Production, employment and exports contracted at the same rate in December as November. 
  • As anticipated, supplier deliveries were ‘flat’ in December, meaning as many deliveries were longer as were shorter. 

The Gardner Business Index (GBI): Finishing
 

Finishing activity showed its first slowing of contraction since August 2023.

Finishing activity showed its first slowing of contraction since August 2023.
 

Key Component Activity
 

Slowed contraction in new orders and backlog drove December’s Finishing index while business expectations grew more optimistic.

Slowed contraction in new orders and backlog drove December’s Finishing index while business expectations grew more optimistic.

Your Best Finish Starts With Us!
Precision gear pumps
ENGINEERED PAINT BOOTHS & FINISHING SOLUTIONS
New Acid-Free Bright Nickel Process
find masking products online
plating and surface finishing additives
PF Podcast
Gardner Intelligence
ENGINEERED PAINT BOOTHS & FINISHING SOLUTIONS