Vacuum Degreasers and Aqueous Solutions
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Finishing Activity: Growth Activity Slowed Again in July, Closes at 51.8

July is the third month of slowed expansion for Finishing this year, approaching a low reading Finishing has not seen since the end of 2020.

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The Gardner Business Index (GBI): Finishing closed July with slowed expansion.

  • New orders slowed the most, dropping 4 points in one month, landing on the cusp of 50 (flat.)
  • Backlog, production, and employment indices also showed slowed expansion, but stayed above 50.
  • Supplier deliveries continued to lengthen at a slowed rate while export activity contracted at a faster rate in July.

The Gardner Business Index (GBI): Finishing

July’s reading is a repeat of June – growth continues to slow.


Key Component Activity

Backlog and production saw growth slow to nearly the same degree new orders did in July. 

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