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8064
New orders continued to decline
statistikk
2003-05-16T10:00:00.000Z
Energy and manufacturing;National accounts and business cycles
en
osi, Index of orders in manufacturing (discontinued), new orders, order reserve, domestic market, export marketBusiness cycles , Manufacturing, mining and quarrying , National accounts and business cycles, Energy and manufacturing
false

Index of orders in manufacturing (discontinued), Q1 2003

Statistics Norway has decided to stop the publication of the Index of orders in manufacturing from the first quarter of 2018. One reason for this was that the statistic previously was a part of Eurostat's regulation for short-term statistics, but this requirement was removed from the regulation in 2012. However, indicators for new orders and stock of orders are available in Business tendency survey for manufacturing, mining and quarrying.

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New orders continued to decline

New orders received were considerably down in the first quarter of 2003 compared with figures from the corresponding quarter last year. Total stocks reached the lowest level registered in three years.

New orders received and unfilled orders. Unadjusted. 1995=100.

Recorded figures for the first quarter of 2003 show that the new orders received were approximately 18 per cent below the level in 2002. This was caused by lower demand in both the domestic and the export market. Total stocks showed a falling development and reached its lowest level since the second quarter of 2000. Total stocks were approximately 24 per cent below the level than in the same period in 2002.

Change in value for new orders received and unfilled orders. Per cent
Industrial Classification New orders received (trend)1 Unfilled orders (original series)
3. q. 02-4. q. 02 4. q. 02 - 1. q. 03 1. q. 02-1. q. 03
Total -8.7 -8.4 -24.2
Basic Chemicals -6.5 1.0 -10.9
Basic Metals -6.7 -3.1 -1.6
Machinery and Equipment -7.2 -5.8 -35.7
Oil Platforms and Modules -9.4 -11.9 -21.3
1  Estimated annual changes in trend series, based on change in percentage from previous quarter.