| Latest Month |
Previous Month |
Year Ago |
YTD % Change |
Annual % Change |
| 2006 |
2007 |
2008 |
| 173.0 |
158.3 |
188.0 |
-6.7 |
1.5 |
-1.6 |
2.0 |
Injection Molding Business Index
Data Source: Mountaintop Economics & Research, Inc
Last Updated: May 2008
The Injection Molding Business Index (1990=100) measures market demand for injection molded parts. It is a leading indicator of future demand for injection molds, tooling, and injection molding machinery. It is also an indicator of overall U.S. economic activity.
The Injection Molding Business Index dropped 8% in the latest month when compared with a year ago. This followed a 7% decline during the previous month.
This Index will hit a cyclical bottom in the first half of 2008. Then, after several months of consolidation, the trend is expected to rise in the second half of 2008.
When compared with the previous year, this Index descended by 7% during the first quarter of 2008 after a 1% decline in the fourth quarter of 2007.
Other Injection Molding Indicators
End Market
Tracker & Forecaster
The U.S. economy will experience below-average growth during the first half of 2008. This will curb demand for injection molded products in the near-term, but U.S. manufacturing activity will start to regain momentum in the second half of this year.
After an annual decline of 1% in 2007, the average for our Injection Molding Business Index is forecast to expand 2% in 2008.
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