IH Economic Indicators: Indices Take a Tumble
June 19, 2009
Industrial Heating’s monthly economic indicators for June 2009 showed a decline from May’s figures. All four indices dropped by at least 4 points. Overall, the numbers were at their lowest point since January. June 2009’s index numbers reflect the changes experienced by responding companies as they compare their May 2009 business levels to their April 2009 levels.
- Change in number of request for quotes from April to May – 45.6
- Change in number of orders from April to May – 39.1
- Change in backlog from April to May – 37.6
- Expected change in the health of the thermal-processing industry through June – 40.9