Industrial Heating’s monthly economic indicators for July 2017 were all over 50, showing growth, for the eighth consecutive month. The change in the number of request for quotes, the change in backlog and the expected change in the health of the industry all increased from June. July 2017’s index numbers:
July 2017’s index numbers reflect the changes experienced by responding companies as they compare their June 2017 business levels to their May 2017 levels. A number above 50.0 indicates increased activity or growth. A number below 50.0 indicates decreased activity or a decline in growth. Look for these numbers, along with historical values, in August 2017’s Industrial Heating.