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245285
Further fall in stock of orders
statistikk
2016-11-04T08:00:00.000Z
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
The survey measures the value of new orders received during the period and the stock of orders at the end of the period. Total stocks were down 26 per cent from the third quarter of 2015 to the third quarter of 2016.

Index of orders in manufacturing (discontinued), Q3 2016

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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Further fall in stock of orders

Compared with the third quarter of 2015, total stocks of orders fell by 26 per cent in the third quarter of 2016. It is especially suppliers to the oil and gas sector that are reporting a decline. New orders received showed a little decline in the same period.

Index of orders. 2005=100Published 4 November 2016
Change in per centIndex of value
3rd quarter 2016 / 2nd quarter 20163rd quarter 2016 / 3rd quarter 20153rd quarter 2016
New orders received:
Manufacturing working on new orders1.03.6102.5
Domestic market12.06.595.8
Export market-7.11.2109.1
 
Chemical and pharmaceutical products-13.3-15.8137.9
Basic metals-14.5-4.994.0
Machinery and equipment-14.1-15.270.9
Ships, boats and oil platforms174.786.9101.9
 
Stock of orders:
Manufacturing working on new orders-3.5-25.6146.9
Domestic market2.2-18.0122.8
Export market-7.5-30.5172.8
 
Chemical and pharmaceutical products-15.1-13.999.2
Basic metals-8.752.1109.0
Machinery and equipment-16.9-53.7214.1
Ships, boats and oil platforms10.4-16.2137.9

Source: Statistics Norway

The total stock was down 26 per cent from the third quarter of 2015 to the third quarter of 2016 in the order-based industry. Both the domestic and the export market were down. The biggest fall were within the export market. New orders received were up by 3.6 per cent in the same period. The domestic market had an increase of 6.6 per cent, while the export market was practically unchanged.