Economics
Composites Fabricating Index loses ground in April amid tariff uncertainty
Latest reading of 47.3 is fueled by a drop in new orders as markets react to quick changes in trade policy.
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Index remains in expansion territory despite uncertainties
The composites market saw a slight decline in the index, component and future business results but maintained a positive reading overall.
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Composites market continued expansion activity into February
GBI: Composites Fabricating’s final reading landed at 52, driven by strong component readings across the board.
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Composites Fabricating Index reaches expansion at 50.3
First reading of 2025 breaks 21-month contraction run behind broad-based component growth.
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Composites Index climbs closer to expansion
Rising readings across the GBI build a case for sustained composites growth headed into 2025.
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Composites market shows signs of stabilizing as future outlook brightens
Improving supplier deliveries and strong future business index point to opportunities ahead.
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Overall composites index contracting faster than previous month
New orders, production and prices components all improved over October, though the GBI is still seeing contraction.
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Contraction slows for second month, with some indicators improving
In September new orders and employment were up slightly, future business outlook improved and material prices dropped.
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Composites activity still contracting, but slower than previous month
Future business outlook has improved but most other measures have continued contraction or remain “flat.”
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Composites activity contracted faster for the third month in a row
GBI: Composites Fabricating landed at 41.6, becoming one of the index’s more significant declines in 2024 so far.
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