Industrial Heating Economic Indicators: Three Indices Improve from December
Industrial Heating’s monthly economic indicators for January 2007 showed growth in the thermal-processing industry. All four indices measured by Industrial Heating were above 50.0, the index number indicating growth. Three of the four indices improved from December 2006, while the fourth figure declined slightly. January 2007’s index numbers reflect the changes experienced by responding companies as they compare their December 2006 business levels to their November 2006 levels. January 2007's index numbers:
- Change in number of request for proposals from November to December – 50.7
- Change in number of orders from November to December – 53.8
- Change in backlog from November to December – 55.8
- Expected change in the health of the thermal-processing industry through January – 54.6
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 in the February 2007 issue of Industrial Heating.