Daryl Delano, Cahners Economics
Articles
Measuring, control instrument shipments, orders decline in 3Q98
Though many markets and financial indicators have roared back and ebbed recently, U.S. Commerce Department data tracking 1998 shipments and new orders for the aggregated "Measuring and Controlling Instruments" (SIC 382) industry group demonstrates the serious impact global economic problems had on measuring and control device manufacturers.
Measuring and controlling instrument orders slip slightly in 4Q97
Despite ongoing and better-than-expected U.S. economic growth and manufacturing shipments, U.S. Commerce Department data showed that new orders in the aggregated Measuring and Controlling Instruments (SIC 382) industry group dropped slightly at the end of 1997.New orders in 4Q97 for SIC 382 firms rose by 7.
Strong 3Q97 for Instruments Despite Turmoil in Other Markets
While investors and economists were shaken by last October's market plunge and bounceback, and by Asia's ongoing economic struggles, U.S. Commerce Department data show that new orders for the aggregated "Measuring and Controlling Instruments" (SIC 382) group grew consistently stronger last year following a weak late 1996 and early 1997.