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 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.