Industrial Heating'smonthly economic indicators for June 2011 showed growth for the seventh consecutive month. The change in the number of request for quotes was at its highest level (56.1) since March. The change in the number of orders, change in backlog and expected change in the health of the industry all dropped slightly from May’s figures, but they did remain over 50. June’s numbers:
  • Change in number of request for quotes from April to May – 56.1
  • Change in number of orders from April to May – 50.3
  • Change in backlog from April to May – 50.3
  • Expected change in the health of the industry through June – 51.7
June 2011’s index numbers reflect the changes experienced by responding companies as they compare their May 2011 business levels to their April 2011 levels. 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 July’s Industrial Heating.