Second Quarter GIBI Increases

by: Smith and Howard

August 3, 2015

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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 2.3 points from 62.5 to 64.8 in the second quarter of 2015.  

Highlights of the first quarter GIBI include:  

  • New orders were down 5.9 points, to 59.1 
  • Production was up 8.2 points, to 68.2
  • Employment was up 8.5 points, to 63.6
  • Capital Spending decreased 1.8 points, to 68.2

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 here.

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