The APICS Business Outlook Index was created and developed by Michael Evans of Evans Economics, Inc., in conjunction with APICS. The Index consists of the following components, based on Evans' monthly survey of participating manufacturing firms:

May 1997 • Volume 7 • Number 5 Business Outlook Chart CURRENT CONDITIONS COMPONENT: Manufacturing shipments, employment, industrial production, inventory stocks FUTURE CONDITIONS COMPONENT: Durable goods new orders (excluding aircraft and defense), production plans, unfilled orders, ratio of actual-to- desired inventory/sales ratio BUSINESS OUTLOOK INDEX: Average of Current and Future Conditions Component APICS members and others from companies that might be potential participants in the APICS Business Outlook Index are urged to call Dr. Michael Evans at (407) 338-5300. APICS staff contact for the Index is Barbara Gleason, senior communications manager, APICS headquarters, (703) 237-8344, ext. 271. Copyright © 2020 by APICS — The Educational Society for Resource Management. All rights reserved. Web Site © Copyright 2020 by Lionheart Publishing, Inc. All rights reserved. Lionheart Publishing, Inc. 2555 Cumberland Parkway, Suite 299, Atlanta, GA 30339 USA Phone: +44 23 8110 3411 | br> E-mail: Web: www.lionheartpub.com Web Design by Premier Web Designs E-mail: [email protected]