News
Numbers Show Marked Improvement
Tweet
Industrial Heating’s monthly economic indicators for February 2016 showed improvement over the previous two months. Three of four indices increased from January 2016, and two showed growth.
The change in the number of request for quotes was at its second-highest level since November 2014. February 2016’s index numbers reflect the changes experienced by responding companies as they compare their January 2016 business levels to their December 2015 levels.
February 2016’s index numbers:
• Change in number of request for quotes from December to January – 53.0
• Change in number of orders from December to January – 49.4
• Change in backlog from December to January – 49.2
• Expected change in the health of the industry through Feb. – 50.0
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 March 2016’sIndustrial Heating.
Source: Industrial Heating
Tweet
Related News
- Stay Ahead in Nonferrous and Lightweight. Follow Diecasting & Nonferrous China 2026
- European Foundry Industry in Transition – New Opportunities Through the Defense Sector
- Global pig iron production fell by 4.4% y/y in October
- India sharply increased iron ore imports by more than 200% y/y in January-October
- EU plans to limit exports of aluminium scrap
- Calderys Group celebrates 160 years of innovation and industrial excellence
- Foundries in Transition: Why Humanoid Robots Are Now in Demand
- Iron ore exports from Brazil increased by 5.7% y/y in January-October
- See all News
