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Published:
This is an archived release.
Decline in new orders
The order-based industry reports a significant decline in new orders received in the 3rd quarter 2001. The reduction is due to lack of demand from both the domestic and the export markets. Total stock of orders continued to fall.
After a short period of stability, the order-based industry experienced a further decline in new orders received throughout the 3rd quarter 2001. Total demand was 18 per cent below the level a year earlier. Total stock of orders was down for the second consecutive quarter, but was still 14 per cent higher than in the 3rd quarter 2000. This is mostly due to high stock of orders in the Transport Equipment industry.
| Change in value for new orders received and unfilled orders. Per cent |
| New orders received (trend)1 | Unfilled orders (original series) | ||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Industrial Classification | 1.q.01 - 2.q.01 | 2.q.01 - 3.q.01 | 3.q.00 - 3.q.01 | ||||||||||||||||||||||||||||||||||||
| Total | -9.4 | -4.7 | 13.9 | ||||||||||||||||||||||||||||||||||||
| Basic Chemicals | 0.7 | 2.1 | 4.2 | ||||||||||||||||||||||||||||||||||||
| Basic Metals | -15.0 | -17.5 | 9.6 | ||||||||||||||||||||||||||||||||||||
| Machinery and Equipment | -15.6 | -20.3 | -3.2 | ||||||||||||||||||||||||||||||||||||
| Oil Platforms and Modules | -40.8 | -36.3 | -3.2 | ||||||||||||||||||||||||||||||||||||
| 1 Estimated annual changes in trend series, based on change in percentage from previous quarter. |
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