Industrial Heating's monthly economic indicators for April 2011 showed growth for the fifth consecutive month. In addition, three of the four indices increased from March. The change in the number of orders, change in backlog and expected change in the health of the industry were all at their highest levels since January 2011. April’s index numbers:
  • Change in number of request for quotes from February to March – 54.8
  • Change in number of orders from February to March – 55.0
  • Change in backlog from February to March – 53.5
  • Expected change in the health of the industry through April – 52.5
April 2011’s index numbers reflect the changes experienced by responding companies as they compare their March 2011 business levels to their February 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 May’s Industrial Heating.