Industrial Heating’s monthly economic indicators for October 2016 experienced an overall decline from last month. However, three of the four indices still showed growth. In fact, the expected change in the health of the industry was at its highest level since April 2016. October 2016’s index numbers reflect the changes experienced by responding companies as they compare their September 2016 business levels to their August 2016 levels. October 2016’s index numbers:
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 November 2016’s Industrial Heating.