Published

Encouraging Gardner Business Index Implies Expanding Domestic Demand

The Gardner Business Index (GBI) moved higher in the first month of 2020 to close at 49.6. By comparison, a reading of exactly 50 would have implied no change in total business activity. Therefore, January’s number indicates that business conditions contracted only very slightly for the month.
#economics

Share

Gardner Business Index December 2019
The Gardner Business Index (GBI) moved higher in the first month of 2020 to close at 49.6. By comparison, a reading of exactly 50 would have implied no change in total business activity. Therefore, January’s number indicates that business conditions contracted only very slightly for the month. January’s reading is encouraging for several reasons. Foremost, it ends a five-month trend of accelerating contraction in activity. Secondly, it represents the highest Index reading since June of 2019. Index readings above 50 indicate expanding activity while values below 50 indicate contracting activity. The further away a reading is from 50, the greater the magnitude of activity change. Read more

RELATED CONTENT

  • Fuel Economy Gains in July

    What you’re looking at here is a sales-weighted fuel economy chart (the numbers in the white boxes represent miles per gallon) that was put together by two diligent researchers, Michael Sivak and Brandon Schoettle, of the University of Michigan Transportation Research Institute.

  • GM: The Drive to Profitability, Part 1

    General Motors released rather impressive numbers for 2015.

  • On The German Auto Industry

    A look at several things that are going on in the German auto industry—from new vehicles to stamping to building electric vehicles.

Gardner Business Media - Strategic Business Solutions