Demand Net Rising Index

The Graph of the Week is from the October 2006 NABE Industry Survey, the Demand Net Rising Index. From the survey:
Industry demand for goods and services slowed further in the third quarter. The net rising index (NRI, percent reporting rising demand minus percent reporting falling demand) stood at 37, the lowest reading since the second quarter of 2003 (see Figure 1). This was the third consecutive quarterly slowdown. The 54 percent of NABE panelists who reported rising demand was in the general range of surveys of the last three years; it was the 17 percent of the sample who reported falling demand that pulled down the NRI reading. That said, the latest NRI reading is higher than the average of the twenty-four year history of the survey of 34.
NABE members can read more in the full Industry Survey. There is a summary available for the public.

