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 and 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.

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