8024_not-searchable
/en/energi-og-industri/statistikker/osi/arkiv
8024
Fewer new orders
statistikk
2008-05-09T10:00:00.000Z
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 2008

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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Fewer new orders

The volume of new orders received was pronounced down from the first quarter of 2007 to the first quarter of 2008. The total stock of new orders, however, was still at a high level.

New orders and unfilled orders. Unadjusted. 2005=100.

New orders received went down by 18.1 per cent from the first quarter of 2007 to the first quarter of 2008. The fall was most marked in the domestic market, but the export market was also down. The total stock of new orders showed an increase of 20 per cent in the same period. This indicates that there is not enough capacity to execute the orders in the same pace as they are received, and that there is still a considerable order mass to be executed. This should indicate that there is still a high level of activity in the order based industry. Still, the reduced volume of new orders received indicates that the demand is now lower than in the previous quarters.

Change in value for new orders received and unfilled orders. Per cent
 
Industrial Classification New orders received (trend)1 Unfilled orders (original series)
Q3 2007-Q4 2007 Q4 2007-Q1 2008 Q1 2007-Q1 2008
 
Total -6.4 -11.7 20.0
Basic Chemicals 31.5 32.4  115.9
Basic Metals -20.0 -23.8 -2.9
Machinery and Equipment 9.6 6.5 36.8
Oil Platforms and Modules -12.3 -13.1 11.1
 
1  Estimated annual changes in trend series, based on change in percentage from previous
quarter, converted to annual growth.
 

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