Industrial Heating's monthly economic indicators for June 2006 showed continued growth in the thermal processing industry. June marks the 34th consecutive month of economic growth as measured by Industrial Heating's indicators. Since August 2003, all four of the indices measured by Industrial Heating have been above 50 - the index number indicating growth.
June 2006 index numbers reflect the changes experienced by responding companies as they compare their May 2006 business levels to April 2006 levels.
June 2006 INDEX NUMBERS
Change in number of Request for Proposals from April to May: 56.2
Change in the Number of Orders from April to May: 56.0
Change in Backlog from April to May: 57.0
Expected Change in the Health of Thermal Processing Industry through June: 53.3
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, on the editorial page of the next issue of Industrial Heating.
Roughly 1,200 industry suppliers are contacted via email to participate in a web-based survey the first full week of each month. If you are an industry supplier and would like to participate in this monthly survey, please contact Industrial Heating publisher, Doug Glenn - phone: (412) 306-4351, or by email: doug@industrialheating.com. These results are also published monthly on the editorial page of Industrial Heating. The results reported above will appear in the July 2006 issue.