8018_not-searchable
/en/energi-og-industri/statistikker/osi/arkiv
8018
Wide decline in new orders
statistikk
2009-02-13T10:00:00.000Z
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), Q4 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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Wide decline in new orders

New orders received fell further in the fourth quarter of 2008. Weakened demand in the domestic and the export market contributed to this. Total stocks in industry were still at a high level within some of the industries.

New orders and unfilled orders. Unadjusted. 2005=100

Manufacturers working on new orders reported further weakened demand in the new orders received. New orders received were 31.1 per cent lower in the fourth quarter of 2008 than in the corresponding quarter of 2007. The generally weaker new orders received from all industries was the reason for this development. Total stocks were reduced by a more moderate 5.7 per cent in the same period. Effects of currency related to a higher US dollar currency contributed to limiting the decline somewhat.

Change in value for new orders received and unfilled orders. Per cent
 
Industrial Classification New orders received (trend)1 Unfilled orders
(original series)
Q4 2007-Q4 2008
Q2 2008-
Q3 2008		 Q3 2008-
Q4 2008
 
Total -14.9 -11.7 -5.7
Basic Chemicals -28.9 -27.7 -19.2
Basic Metals -31.2 -30.0 -32.4
Machinery and Equipment 1.9 -3.9 23.4
Oil Platforms and Modules -6.7 8.4 -10.0
 
1  Estimated annual changes in trend series, based on change in percentage
from previous quarter, converted to annual growth.

Important announcement: New classification being implemented shortly

As from the first quarter of 2009, a new version of Eurostat's industry classification, NACE, will be in use. Statistics on new orders are affected by the change of nomenclature from the publication of the first quarter of 2009 results. Click here to read more about the implications for users, calculation and dissemination .

 

Tables

Published tables