Demand Net Rising Index
The Graph of the Week shows the Demand Net Rising Index from the NABE Industry Survey. From the survey highlights:
Demand for goods and services increased at just 20% of respondents’ firms last quarter, the lowest percentage since the survey began in 1982. Demand fell at 47% of respondents’ firms, an all-time high. This confirms that the U.S. recession that began at the end of 2007 worsened significantly in the fourth quarter of 2008. Demand weakness was pervasive across sectors, but was especially pronounced in the goods-producing sector, where 79% of firms reported declining demand.
NABE members can read the full survey here. A summary is available for the public here.