Summer 2004 Manufacturing Business Conditions Survey Results
Diffusion Index*
| Compared to the second half of 2003, in the first half of 2004 your location's: |
||||
| Total | Small | Medium | Large | |
|---|---|---|---|---|
| Number of orders | 69 |
63 |
75 |
80 |
| Product/service production level | 69 |
63 |
76 |
81 |
| Employment level | 59 |
53 |
63 |
70 |
| Investment in plant/equipment | 58 |
52 |
61 |
64 |
| Prices | 70 |
68 |
74 |
64 |
| Productivity | 67 |
61 |
75 |
78 |
| Profits | 52 |
45 |
59 |
68 |
| Exports** | 62 |
58 |
67 |
71 |
| Compared to the first half of 2004, during the next six months you expect your location's: |
||||
Total |
Small |
Medium |
Large |
|
| Number of orders | 66 |
63 |
71 |
83 |
| Product/service production level | 65 |
61 |
70 |
78 |
| Employment level | 57 |
54 |
62 |
69 |
| Investment in plant/equipment | 56 |
52 |
60 |
64 |
| Prices | 56 |
52 |
66 |
53 |
| Productivity | 64 |
59 |
70 |
81 |
| Profits | 56 |
53 |
59 |
60 |
| Exports** | 60 |
63 |
63 |
61 |
| What is your outlook on the following state economic indicators during the next six months: | ||||
Total |
Small |
Medium |
Large |
|
| Business investment | 61 |
57 |
67 |
82 |
| Employment | 63 |
59 |
70 |
76 |
| Consumer spending | 57 |
55 |
61 |
68 |
| Inflation | 79 |
78 |
80 |
75 |
| Economic growth | 66 |
63 |
70 |
81 |
| Corporate profits | 58 |
55 |
62 |
69 |
* 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. |
