Thermal Process Economic Indicators Show Strong Gains for Second Month
June 28, 2002
Industrial Heating magazine's Economic Indicators saw a second month of significant gains. June index numbers, released today, reflect the changes experienced by responding companies from April 2002 to May 2002. Request for Proposal Index rose from 53.6 in May to 56.2 in June, Number of Orders Index rose from 50.0 in May to 54.7 in June, Size of Backlog Index rose from 46.9 in May to 50.7 in June, and General Health of the Thermal Processing Industry Index rose from 49.5 in May to 53.6 in June. A number above 50 indicates increased activity. June is the first month that all four indicators were above 50. Roughly 375 industry suppliers are surveyed 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 at 412-531-3370 or by e-mail email@example.com.