Demand Net Rising Index
The Graph of the Week comes from the October 2008 NABE Industry Survey, and shows the Net Rising Index for Industry demand. From the survey:
Demand for goods and services increased at 30% of respondents’ firms and fell at 35%, the first time since 2001 that more respondents reported declines than increases. This is consistent with other evidence that the U.S. economy fell into a recession in the third quarter. Weakness was especially pronounced in the goods-producing sector, where only 6% of firms reported increased demand while 61% reported declining demand.
NABE members can read the full survey here. A summary is available to the public.