Industrial Heating’smonthly economic indicators for January 2009 failed to show growth in the thermal-processing industry. All four indices declined from December 2008’s numbers and were at their lowest levels since April 2002, when the study began. All indicators were under 36. January 2009’s index numbers reflect the changes experienced by responding companies as they compare their December 2008 business levels to their November 2008 levels.
  • Change in number of request for quotes from November to December – 35.8
  • Change in number of orders from November to December – 34.9
  • Change in backlog from November to December – 35.4
  • Expected change in the health of the thermal-processing industry through Jan. – 35.0
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, in February’s Industrial Heating.