Industrial Heating’smonthly 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
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 Business Trends page in the September 2007 issue ofIndustrial Heating.