Industrial Heating Economic Indicators-November Shows Continued Growth
December 18, 2003
Industrial Heating's Economic Indicators for November showed continued economic growth in the thermal-processing industry. Orders continued to increase, as did Backlogs and the number of Request for Quotes. November is the fourth consecutive month that all four indicators have been above 50-the number that indicates an increase in business from the previous month. November 2003 index numbers reflect the changes experienced by responding companies as they compare their November 2003 business levels to October 2003 levels. Change in number of Request for Proposals from October to November: 57.1; Change in the Number of Orders from October to November: 51.1; Change in Backlog from October to November: 53.0; and Expected Change in the Heath of Thermal Processing Industry through December: 54.8. 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 375 industry suppliers are faxed a 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 - tel: 412-531-3370, or by email: firstname.lastname@example.org. These results are also published monthly on the editorial page of Industrial Heating.