| Latest Month |
Previous Month |
Year Ago |
YTD % Change |
Annual % Change |
| 2006 |
2007 |
2008 |
| 168.9 |
179.4 |
176.5 |
-6.1 |
1.5 |
-1.6 |
-2.0 |
Injection Molding Business Index
Data Source: Mountaintop Economics & Research, Inc
Last Updated: August 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 declined 4% in the latest month when compared with a year ago. This followed a 6% decrease during the previous month.
This Index will hit a cyclical bottom in the second half of 2008. After several months of consolidation, the trend is expected to rise throughout 2009.
When compared with the previous year, this Index descended by 4% during the second quarter of 2008 after an 8% decline in the first quarter.
Other Injection Molding Indicators
End Market
Tracker & Forecaster
The U.S. economy will experience below-average growth in 2008. This will curb demand for injection molded products in the near-term, but U.S. manufacturing activity will start to regain momentum in late-2008 or in early-2009.
After an annual decline of 1% in 2007, the average for our Injection Molding Business Index is forecast to slip another 2% in 2008.
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