The economic report issued monthly to IHEA member company key executives showed what economists are calling a “transition” month with 5 indices showing an upward trend and 6 showing a downward trend. Among those moving upward: metal prices, capacity utilization, PMI, credit managers index, and the transportation index. Those heading south: auto/light truck sales, new home starts, steel consumption, capital expenditures, durable goods shipments, and factory orders.
This monthly report, which averages 12 pages every month, provides not only useful trending data but also in-depth analysis of each index. IHEA’s proprietary economist provides the analysis with special emphasis on how these movements affect the heat treat and thermal processing industries.
For a full copy of the report, contact Anne Goyer by email (click here), Executive Vice President of the Industrial Heating Equipment Association (www.ihea.org).
