Industrial Heating Economic Indicators: All Four Indices Show Growth
December 22, 2006
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Industrial Heating''s monthly economic indicators for December 2006 showed growth in the thermal processing industry. All four indices measured by Industrial Heating were above 50.0, the index number indicating growth. Two of the four indices improved from November 2006, while two indices declined slightly. December 2006''s index numbers reflect the changes experienced by responding companies as they compare their November 2006 business levels to their October 2006 levels.
- Change in number of request for proposals from October to November - 52.4
- Change in number of orders from October to November - 52.3
- Change in backlog from October to November - 52.8
- Expected change in the health of the thermal-processing industry through December - 53.2
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 January 2007 issue of Industrial Heating.
