New: The SupplierBusiness Confidence Index
Measure of industry confidence suggests that orders are returning to the industry, and inventories are growing, especially in Europe
The SupplierBusiness Automotive Confidence Index is an ongoing measure of how confidence in the industry is faring during a deep and difficult recession and the levels to which it is returning. In the long run the index will regularly take the temperature of the industry from the front line, ahead of other measures sales and performance statistics. The index is taken over a quarterly basis and covers four areas; New orders, inventories of finished products, overall inventories, and employment levels. The index will also show where certain areas are improving rapidly and where other areas are by comparison either stable or falling backwards.