IH Economic Indicators - All Indices over 52.0 for Seventh Straight Month
August 21, 2007
Industrial Heating’s monthly economic indicators for August 2007 showed continued growth in the thermal-processing industry. For the seventh consecutive month, all four indices were above 52.0. In addition, the expected change in the health of the thermal-processing industry (56.8) was the highest it has been since April 2006. August 2007’s index numbers reflect the changes experienced by responding companies as they compare their July 2007 business levels to their June 2007 levels.
- Change in number of request for quotes from June to July – 52.1
- Change in number of orders from June to July – 52.0
- Change in backlog from June to July – 52.1
- Expected change in the health of the thermal-processing industry through August – 56.8