Mixed Signals for Molders in 2nd Quarter.Machine-hour rates and molder mold·er v. mold·ered, mold·er·ing, mold·ers v.intr. To crumble to dust; disintegrate. v.tr. To cause to crumble. See Synonyms at decay. optimism Optimism See also Hope. Bontemps, Roger personification of cheery contentment. [Fr. Lit.: “Roger Bontemps” in Walsh Modern, 66] Candide beset by inconceivable misfortunes, hero indifferently shrugs them off. [Fr. both rose slightly in the second quarter. However, molders' capacity utilization Capacity Utilization measures the rate at which a firm makes use of their capital productive capacities, such as factories and machinery. Capacity Utilization generally rises when the economy is healthy and falls when demand softens. dipped dip v. dipped, dip·ping, dips v.tr. 1. To plunge briefly into a liquid, as in order to wet, coat, or saturate. 2. , and new tooling orders were flat. Taken together, these and other results from our quarterly survey of 124 custom injection molders suggest continued strength in the molding molding, in architecture, furniture, and decorative objects, a surface or group of surfaces of projecting or receding contours. A molding may serve as a defining element, terminating a unit or an entire composition (e.g. market but a slowing of growth. Custom machine-hour rates averaged just under one percentage point increase for the quarter, after two successive quarters when average hourly rates were essentially flat. About 2.5 times more molders raised their rates in the quarter (8.5% of respondents In the context of marketing research, a representative sample drawn from a larger population of people from whom information is collected and used to develop or confirm marketing strategy. ) than lowered them (3.4%). Still, 88% did not change their rates at all. Custom machine capacity utilization dropped from 66% to 65% in the second quarter, even though molders who increased capacity utilization (38.2%) well outnumbered Outnumbered is a British sitcom that aired on BBC One in 2007.[1] It stars Hugh Dennis and Claire Skinner as a mother and father who are outnumbered by their three children. those whose utilization utilization, n 1. the extent to which a given group uses a particular service in a specified period. Although usually expressed as the number of services used per year per 100 or per 1000 persons eligible for the service, utilization rates may be declined (24.4%). Capacity utilization was at least 75% for molders in the Southeast Southeast or south east is the ordinal direction halfway between south and east. It the opposite of northwest. Southeast or South East can refer to: Northeast or north east is the ordinal direction halfway between north and east. It is the opposite of southwest. See boxing the compass. averaged only 59%. Similar regional strengths and weaknesses appeared in the first quarter of 1999. The most positive indicator Indicator Anything used to predict future financial or economic trends. Notes: In the context of technical analysis, an indicator is a mathematical calculation based on a securities price and/or volume. The result is used to predict future prices. in the survey was that more molders (50.4%) foresaw improving business conditions than at any time since the end of 1997. Fewer respondents (14.6%) anticipated worsening wors·en tr. & intr.v. wors·ened, wors·en·ing, wors·ens To make or become worse. Noun 1. worsening - process of changing to an inferior state decline in quality, deterioration, declension business conditions than at any time in the same period. The optimism/pessimism ratio of 3.5:1 was at its highest point in 18 months. Molders in the Southeast and West were especially optimistic op·ti·mist n. 1. One who usually expects a favorable outcome. 2. A believer in philosophical optimism. op , while North Central molders were least hopeful. Tooling starts go flat At the 69 mold mold, name for certain multicellular organisms of the various classes of the kingdom Fungi, characteristically having bodies composed of a cottony mycelium. The colors of molds are caused by the spores, which are borne on the mycelium. shops responding to the survey, there was no change in the number of new molds ordered compared with the quarter before. This leading indicator Leading Indicator A measurable economic factor that changes before the economy starts to follow a particular pattern or trend. Leading indicators are used to predict changes in the economy, but are not always accurate. of molding activity had jumped in the first quarter after three declining quarters in a row.
CUSTOM INJECTION
CAPACITY UTILIZATION
1st Qtr 1998 65
2nd Qtr 1998 65
3rd Qtr 1998 66
4th Qtr 1998 63
1st Qtr 1999 66
2nd Qtr 1999 65
PROFIT & LABOR IN HOURLY RATES
Deduct these amounts [a] from the figures in the
larger table to arrive at rates without profit,
operator, or both.
Press Tonnage Without Profit Without Operator Without Either
[less than]100 12.1% 16.5% 30.2%
100-299 8.0% 11.9% 23.7%
300-499 6.9% 9.7% 20.0%
500-749 5.4% 9.8% 17.2%
750-999 6.0% 12.7% 21.7%
1000+ 2.2% 10.5% 16.4%
(a.)Cumulative national averages over several surveys.
CUSTOM INJECTION MOLDERS' MACHINE-HOUR RATES
WITH OPERATOR, PROFIT MARGIN INCLUDED [a] (123 PLANTS)
Dollars Per Hour (High/Average/Low)
Second Quarter 1999
Tonnage Range [less than]50 50-99 100-299 300-499
Northeast $56.48 $62.46 $71.77 $78.41
(ME, NH, VT, MA, CT, $33.93 $34.03 $39.03 $45.97
RI, NY, NJ, PA) $16.00 $18.00 $20.00 $34.47
Southeast $51.71 $51.71 $63.20 $75.00
(DE, DC, FL, GA, MD, $26.69 $29.03 $36.29 $44.16
NC, SC, VA, WV) $13.29 $13.79 $19.94 $26.58
North Central $65.12 $67.78 $93.33 $79.74
(IL, IN, MI, OH, WI, IA, $26.40 $31.57 $37.23 $44.98
KS, MN, MD, NE, ND, SD) $11.49 $12.00 $18.00 $28.51
South Central $55.00 $55.00 $65.00 $65.88
(AL, KY, MS, TN, AR, $43.21 $39.86 $40.33 $44.45
LA, OK, TX) $25.28 $25.50 $23.94 $28.15
West (CA, DR, WA, $60.00 $68.94 $86.39 $75.00
AK, HI, AZ, CO, ID, MT, $41.70 $43.75 $49.14 $57.30
NV, NM, UT, WY) $25.00 $23.99 $23.99 $40.00
National Average [c] $32.66 $34.86 $39.95 $47.21
Average Increase in Hourly Rates
In Second Quarter, 1999: 0.6%
Dollars Per Hour (High/Average/Low)
Second Quarter 1999
Tonnage Range 500-749 750-999 1000-1499 1500-1999
Northeast $82.35 $109.80
(ME, NH, VT, MA, CT, $57.37 $109.80
RI, NY, NJ, PA) $40.00 $109.80
Southeast $91.92 $60.39
(DE, DC, FL, GA, MD, $54.85 $60.10
NC, SC, VA, WV) $33.23 $59.81
North Central $90.43 $128.46 $115.29 $124.00
(IL, IN, MI, OH, WI, IA, $60.51 $99.35 $98.34 $124.00
KS, MN, MD, NE, ND, SD) $33.23 $60.90 $60.39 $124.00
South Central $76.86
(AL, KY, MS, TN, AR, $58.61
LA, OK, TX) $33.75
West (CA, DR, WA, $76.98 $134.38 $147.63 $232.58
AK, HI, AZ, CO, ID, MT, $62.44 $107.13 $121.95 $176.29
NV, NM, UT, WY) $43.00 $83.85 $83.85 $120.00
National Average [c] $59.28 $99.36 $105.77 $140.46
Average Increase in Hourly Rates
In Second Quarter, 1999:
Dollars Per Hour (High/Average/Low)
Second Quarter 1999
Tonnage Range 2000-2999 3000+ Index [b]
Northeast
(ME, NH, VT, MA, CT, 01
RI, NY, NJ, PA)
Southeast
(DE, DC, FL, GA, MD, 72
NC, SC, VA, WV)
North Central
(IL, IN, MI, OH, WI, IA, 75
KS, MN, MD, NE, ND, SD)
South Central
(AL, KY, MS, TN, AR, 87
LA, OK, TX)
West (CA, DR, WA,
AK, HI, AZ, CO, ID, MT, 100
NV, NM, UT, WY)
National Average [c]
Average Increase in Hourly Rates
In Second Quarter, 1999:
(a.)An adjustment factor is used where data do not already include profit
and labor.
(b.)Relative to highest-cost region (which equals 100); value shown is a
weighted average for all size ranges.
(c.)Weighted geographically according to Plastics Technology's
Manufacturing Census.
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