Winter Manufacturing Business Conditions Survey Results: State Comparison
Diffusion Index*
Compared to the first half of 2004, in the second half of 2004 your location's: | |||||||
District | U.P. | MN | MT | ND | SD | WI | |
---|---|---|---|---|---|---|---|
Number of orders | 64 |
67 |
60 |
54 |
69 |
78 |
74 |
Product/service production level |
65 |
63 |
62 |
60 |
65 |
78 |
71 |
Employment level | 57 |
57 |
57 |
41 |
60 |
68 |
57 |
Investment in plant/equipment | 55 |
63 |
51 |
56 |
56 |
69 |
56 |
Prices | 67 |
80 |
63 |
67 |
79 |
70 |
70 |
Productivity | 65 |
77 |
60 |
69 |
77 |
74 |
71 |
Profits | 44 |
54 |
39 |
48 |
54 |
57 |
45 |
Exports** | 56 |
50 |
63 |
50 |
59 |
53 |
56 |
Compared to the second half of 2004, during the next six months you expect your location's: | |||||||
District | U.P. | MN | MT | ND | SD | WI | |
Number of orders | 64 |
57 |
61 |
70 |
79 |
73 |
60 |
Product/service production level |
67 |
67 |
64 |
67 |
81 |
76 |
63 |
Employment level | 59 |
63 |
55 |
63 |
63 |
73 |
60 |
Investment in plant/equipment | 56 |
87 |
50 |
65 |
67 |
65 |
52 |
Prices | 67 |
77 |
64 |
70 |
79 |
73 |
68 |
Productivity | 66 |
77 |
62 |
69 |
83 |
72 |
66 |
Profits | 53 |
60 |
48 |
65 |
63 |
62 |
50 |
Exports** | 57 |
55 |
61 |
52 |
63 |
53 |
59 |
What is your outlook on the following state economic indicators during the next six months: | |||||||
District | U.P. | MN | MT | ND | SD | WI | |
Business investment | 63 |
77 |
56 |
72 |
73 |
76 |
65 |
Employment | 63 |
63 |
57 |
72 |
69 |
76 |
68 |
Consumer spending | 58 |
80 |
49 |
69 |
73 |
69 |
62 |
Inflation | 80 |
90 |
79 |
76 |
83 |
80 |
79 |
Economic growth | 65 |
80 |
55 |
76 |
79 |
82 |
76 |
Corporate profits | 55 |
50 |
49 |
63 |
67 |
72 |
60 |
* A number above 50 indicates expansion and a number below 50 represents contraction. The index is computed by taking the percentage of respondents that reported "up" and half the percentage of the respondents that reported "same."
** A majority of respondents left this question blank.