Future conditions component continues to climb

5 August 2024

Please note that survey responses were collected from the period of July 8-19, 2024.

The current conditions component remained steady at 57.7 in July, the same value reported in June. Most respondents, 69 percent, described current conditions as “unchanged” while 23 percent considered them “better”. Comments from panel members reflect this stability, with some noting improvements in orders, while others reported having excess inventory.