IH Economic Indicators: Numbers Down from September
- Change in number of request for quotes from Aug. to Sept. – 50.3
- Change in number of orders from Aug. to Sept. – 45.6
- Change in backlog from Aug. to Sept. – 46.2
- Expected change in the health of the industry through Oct. – 49.7
October 2012’s index numbers reflect the changes experienced by responding companies as they compare their September 2012 business levels to their August 2012 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 November 2012’s Industrial Heating.