Industrial Heating’s monthly economic indicators for May 2019 were all over 50, showing growth for the fifth month in a row. While the expected change in the health of the industry increased, the other three indices decreased from April. May 2019’s index numbers:
May 2019’s index numbers reflect the changes experienced by responding companies as they compare their April 2019 business levels to their March 2019 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 June 2019’s Industrial Heating.