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This is an archived release.
New orders still at high level
The volume of new orders received by manufacturers decreased somewhat in the second quarter of 2007. However, the volume is still at a historically high level. Total stocks continued to rise in the second quarter.
Figures for the second quarter of 2007 indicate a small decline in new orders received (unadjusted figures) compared to the first quarter of 2007. Decreasing demand in the export market is a key factor behind this development. Compared to the second quarter last year, orders received have increased by a solid 17.9 per cent. A similar comparison for total stocks shows a strong increase of 43.9 per cent. Shortage in resources within some manufacturing industries ( Business tendency survey ) is a key factor behind the strong growth in total stocks.
For international comparisons, go to EUROSTAT .
Change in value for new orders received and unfilled orders. Per cent |
Industrial Classification | New orders received (trend)1 | Unfilled orders (original series) | |||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
4.q.06 - 1.q.07 | 1.q.07 - 2.q.07 | 2.q.06 - 2.q.07 | |||||||||||||||||||||||||||||||||||||
Total | 16.0 | 10.7 | 43.9 | ||||||||||||||||||||||||||||||||||||
Basic Chemicals | 19.7 | 7.7 | 19.6 | ||||||||||||||||||||||||||||||||||||
Basic Metals | 36.4 | 27.2 | 6.7 | ||||||||||||||||||||||||||||||||||||
Machinery and Equipment | 27.2 | 25.8 | 68.8 | ||||||||||||||||||||||||||||||||||||
Oil Platforms and Modules | 12.4 | 19.9 | 14.0 | ||||||||||||||||||||||||||||||||||||
1 | Estimated annual changes in trend series, based on change in percentage from previous quarter, converted to annual growth. |
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