fedgazette

Winter 2004 Manufacturing Business Conditions Survey Results

Total Ninth Federal Reserve District--Size Comparison

Published May 1, 2004  |  May 2004 issue

Diffusion Index*

  Total Small Medium Large
Compared to the first half of 2003, in the second half of 2003 your location's:
Number of orders
63
60
65
78
Product/service production level
63
60
66
81
Employment leve
51
50
53
57
Investment in plant/equipment
55
52
58
64
Prices
53
53
55
38
Productivity
64
60
68
84
Profits
45
41
50
60
Exports**
60
63
56
68
 
Compared to the second half of 2003,
during the next six months you expect your location's:
Number of orders
69
68
69
78
Product/service production level
69
68
70
79
Employment level
57
56
59
62
Investment in plant/equipment
58
55
62
60
Prices
61
59
66
52
Productivity
69
65
73
84
Profits
60
57
62
72
Exports**
66
68
78
57
 
What is your outlook on the following state economic indicators during the next six months:
Business investment
64
61
69
69
Employment
64
62
70
62
Consumer spending
66
64
66
72
Inflation
66
68
64
60
Economic growth
73
69
79
74
Corporate profits
64
64
64
76

* A number above 50 indicates expansion and a number below 50 represents contraction. Computed by taking the percentage of respondents that reported "up" and half the percentage of the respondents that reported "same."

** A majority of respondents left this question blank.

Notes: Relates to number of employees, Small is less than 50 employees, medium is 50 to 250 employees and large is greater than 250 employees.

See also: Total Ninth Federal Reserve District Results—State Comparison

Survey Methodology


Return to: Manufacturing some optimism in the district

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