Second Quarter GIBI Increases

Written by bgoricki | Aug 3, 2015 3:54:05 PM

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.

Read the entire report by clicking here.