MBI Shows Consistent Growth for Industry
With a reading of 54.9, the April metalworking business index showed that the metalworking industry had grown at a fairly consistent rate since October 2011.
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Share
| Sub-Indices | April | March | Percentage Point | Direction | Rate of Change | Trend | |
| New Orders | 56.4 | 63.4 | -7.0 | Growing | Slower | 20 | |
| Production | 59.0 | 63.0 | -4.0 | Growing | Slower | 9 | |
| Employment | 57.2 | 55.1 | 2.1 | Growing | Faster | 12 | |
| Backlog | 48.9 | 55.0 | -6.1 | Contracting | From Growing | 1 | |
| Exports | 49.7 | 46.8 | 2.9 | Contracting | Less | 2 | |
| Supplier Deliveries | 58.1 | 59.2 | -1.2 | Lengthening | Less | 8 | |
| Material Prices | 62.7 | 67.4 | -4.7 | Increasing | Less | 29 | |
| Prices Received | 54.1 | 55.8 | -1.7 | Increasing | Less | 17 | |
| Future Business Expectations | 72.7 | 75.9 | -3.3 | Improving | Less | 35 | |
| Overall MBI | 54.9 | 57.0 | -2.1 | Growing | Slower | 33 |
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