ARTICLE

First Quarter GIBI Increases

by: Smith and Howard

April 22, 2014

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The Georgia International Business Index (GIBI) Report is underwritten by the Manufacturing and Distribution Group of Smith & Howard, an Atlanta accounting and advisory firm, and is produced quarterly by the Econometric Center at Kennesaw State University.
 
Georgia’s International Business Index (GIBI) — rose by 13.9 points from 55.8 to 69.6 in the first quarter of 2014.  

Highlights of the first quarter GIBI include:  

  • New orders were up 28.8 points, to 75.0 
  • Production was up 14 points, to 67.9
  • Employment was down 8.5 points, to 60.7
  • Capital Spending increased 21.2 points, to 75.0

 

Georgia International Business Index provides a snapshot of foreign manufacturing business activity in Georgia. Data on new orders, production employment and capital spending are collected and tallied into a diffusion index compiled from responses to the question: did your company experience an increase, decrease or no change during the past quarter? A GIBI reading above 50 indicates that more respondents are reporting increases than decreases.

Read the entire report by clicking the PDF link at the top of this article.

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