- Change in number of request for quotes from January to February – 47.0
- Change in number of orders from January to February – 39.5
- Change in backlog from January to February – 36.3
- Expected change in the health of the thermal-processing industry through March – 41.9
IH Economic Indicators: Three out of Four Indices Continue to Rise
March 25, 2009
Industrial Heating’smonthly economic indicators for March 2009 continued to show improvement. Three of the four indices increased from February’s figures, and the expected change in the health of the thermal-processing industry was at its highest level in four months. The change in the number of request for quotes was also at its highest level since November 2008. All four indices, however, remained under 50 for the sixth consecutive month. March 2009’s index numbers reflect the changes experienced by responding companies as they compare their February 2009 business levels to their January 2009 levels.