Table 1. Manufacturing, Mining and Quarrying; tendencies. Diffusionindex (1, 2, 3)

Business Tendency Survey, 4. Qrt. 2012

1 Manufacturing, Mining and Quarrying; tendencies. Diffusionindex (1, 2, 3)
	3:09	4:09	1:10	2:10	3:10	4:10	1:11	2:11	3:11	4:11	1:12	2:12	3:12	4:12



CHANGES FROM PREVIOUS QUARTER

Total volume of production
Unadjusted serie	43.0	52.1	43.4	57.5	48.5	57.4	49.8	60.6	52.7	57.3	50.6	55.5	49.8	54.2
Trend serie	45.0	48.1	50.1	51.3	52.1	53.6	55.6	55.9	54.9	54.3	53.2	52.4	51.8	51.0

Average capacity utilization
Unadjusted serie	45.5	51.3	45.3	56.5	50.1	55.5	50.5	61.5	55.1	54.5	50.1	55.2	51.2	51.4
Trend serie	45.9	49.2	50.8	51.4	51.8	53.4	56.1	56.9	55.4	53.6	52.3	51.7	51.0	50.3

Average employment
Unadjusted serie	40.9	42.0	42.1	48.1	47.5	50.7	50.3	58.5	54.7	53.6	50.4	56.6	55.8	52.2
Trend serie	39.6	42.6	44.7	45.7	47.2	50.6	54.1	54.9	54.2	53.8	53.8	54.0	54.0	52.4

New orders received from home markets
Unadjusted serie	42.5	45.2	41.8	56.5	53.0	54.8	53.3	61.7	54.5	53.8	52.4	56.6	48.9	51.0
Trend serie	42.6	44.6	47.0	50.8	53.4	55.6	57.5	56.9	54.6	54.4	53.8	51.6	50.1	49.9

New orders received from export markets
Unadjusted serie	41.2	43.8	47.2	56.2	50.9	53.9	54.9	50.1	47.8	46.4	48.1	52.4	44.3	43.8
Trend serie	41.5	45.6	48.9	51.2	53.0	54.8	53.7	50.7	48.8	48.5	48.8	48.1	46.2	45.0

Total stock of orders
Unadjusted serie	41.8	43.0	42.6	54.2	53.1	53.5	53.6	59.8	53.5	50.1	52.4	56.2	47.9	47.6
Trend serie	40.9	43.7	45.8	49.8	53.2	55.2	56.0	55.4	53.4	52.8	53.0	51.5	49.2	48.8

Prices on products at home markets
Unadjusted serie	47.7	44.2	46.4	50.9	51.3	50.8	57.4	56.5	51.7	50.3	53.8	51.7	52.4	49.8
Trend serie	46.1	46.4	47.0	49.1	51.2	53.4	55.8	55.3	53.3	52.6	52.1	51.5	51.8	52.4

Prices on products at export markets
Unadjusted serie	45.7	41.6	47.4	50.7	51.4	50.1	56.1	51.3	45.3	43.8	47.1	47.4	44.7	42.1
Trend serie	43.9	44.0	46.0	49.5	51.7	53.2	53.3	50.1	46.7	45.5	45.8	45.9	45.5	44.7

EXPECTED CHANGES IN NEXT QUARTER

Total volume of production
Unadjusted serie	48.4	45.4	59.1	55.5	60.1	56.1	64.0	59.2	58.5	52.7	62.5	59.7	56.7	53.8
Trend serie	47.6	50.7	53.8	56.2	59.4	61.1	60.0	58.6	58.3	57.8	58.4	58.3	57.7	58.5

Average capacity utilization
Unadjusted serie	48.2	46.3	58.0	55.0	59.2	55.2	62.9	56.3	55.4	51.9	59.5	58.8	55.8	52.8
Trend serie	48.0	50.9	53.2	55.6	58.5	60.0	58.4	56.2	55.6	55.7	56.6	57.1	56.9	57.0

Average employment
Unadjusted serie	39.5	38.9	46.8	48.5	50.8	50.2	55.4	55.8	52.2	48.6	54.7	54.7	50.4	48.0
Trend serie	39.7	42.2	44.5	47.2	51.0	53.5	53.8	53.3	52.9	52.4	52.6	52.1	51.4	52.0

New orders received from home markets
Unadjusted serie	46.6	46.3	60.1	58.1	57.0	55.2	64.3	58.9	55.3	53.6	63.2	59.7	54.2	48.4
Trend serie	49.0	51.0	54.0	56.9	59.5	60.0	58.6	57.4	57.9	58.3	58.4	57.9	56.3	54.6

New orders received from export markets
Unadjusted serie	47.8	49.7	55.6	54.8	58.1	57.6	60.2	57.6	49.2	52.4	57.4	52.6	51.6	51.5
Trend serie	50.4	50.8	52.7	56.1	58.4	58.5	56.7	54.7	53.3	52.6	52.9	53.3	53.7	54.0

Total stock of orders
Unadjusted serie	44.6	48.2	55.2	56.0	57.0	56.7	62.9	58.3	53.8	53.6	62.3	57.0	53.6	50.0
Trend serie	46.6	50.1	52.5	55.0	58.6	60.0	59.0	57.0	56.0	56.9	57.6	56.6	54.8	53.9

Prices on products at home markets
Unadjusted serie	45.7	46.8	49.4	52.5	51.4	56.2	58.8	58.1	50.5	56.0	57.8	54.9	51.5	56.6
Trend serie	46.8	47.4	48.6	51.3	53.8	56.1	57.5	56.3	54.5	55.1	55.7	54.6	54.7	55.2

Prices on products at export markets
Unadjusted serie	42.9	45.8	48.0	50.3	49.3	54.1	56.7	52.6	44.4	48.4	51.9	47.3	46.6	51.4
Trend serie	44.3	45.4	47.1	49.8	51.8	53.8	54.6	51.8	47.9	47.2	48.0	48.6	49.7	49.7

¹ Results within a stratum are estimated by attaching each answer of an enterprise a weight equal to its employment. For the estimation of the stratum response distribution the weights for each response alternative are summed and the distribution computed by dividing with the total sum of weights. For further aggregation the stratum results are provided with weights equal to the population employment of the stratum. ² A diffusion index is compiled using the estimated percentages on "ups" and "same" according to the formula: (ups + 0,5 * same) after adjustments for non-response. ³ The diffusionindex has a turning point at 50. A common way of interpreting an index value of 50 is to say that half the respondents has had an increase while the other a fall. An increasing index at or above 50 indicates that the growthrate is increasing, while a falling index above 50 indicates a falling rate of growth. Opposite for an index below 50.
Source: Statistics Norway