Industrial Heating Economic Indicators: Bright Outlook for Near-Term Future
November 24, 2005
Industrial Heating's monthly economic indicators for October 2005 dipped slightly from the previous month, but an increase in the Expected Change in the Health of Thermal Processing Industry index shows a brighter outlook for November. October 2005 index numbers reflect the changes experienced by responding companies as they compare their October business levels to September levels. October 2005 Index Numbers: Change in number of Request for Proposals from September to October: 55.5 Change in the Number of Orders from September to October: 53.6 Change in Backlog from September to October: 54.3 Expected Change in Health of Thermal Processing Industry through November: 56.6 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 editorial page of the December issue of Industrial Heating. Roughly 1,200 industry suppliers are contacted via e-mail to participate in a web-based survey the first full week of each month. If you are an industry supplier and would like to participate in this monthly survey, please contact Industrial Heating publisher Doug Glenn by phone: 412-306-4351 or by e-mail: firstname.lastname@example.org. The next survey will be e-mailed the week of December 5th. Please watch for it via e-mail and please participate.