Extrusion Process Tracker & Forecaster
| Latest Month |
Previous Month |
Year Ago |
YTD % Change |
Annual % Change |
| 2007 |
2008 |
2009 |
| 100.1 |
127.1 |
118.9 |
-8.0 |
-11.5 |
-8.0 |
-3.0 |
Wire/Cable Business Index
Return to Extrusion Business Index
The Wire/Cable Business Index (1990=100) indicates market demand for wire and cable. This is a relatively small, mature market segment affected by trends in construction and manufacturing.
 The Wire/Cable Business Index dropped 16% in the latest month when compared with a year ago. This followed an 11% dip during the previous month.
When compared with the previous year, this Index declined 9% during the third quarter of 2008. This followed a 12% drop in the second quarter. This Index will hit a cyclical bottom in the first quarter of 2009.
The U.S. economy will experience below-average growth during the next few months. This will curb demand for wire and cable products in the near-term. The U.S manufacturing sector will resume an uptrend in the second half of 2009. Demand from the residential construction sector will not improve until late-2009 of 2010.
After a drop of 12% in 2007, the output of wire and cable as indicated by our Wire/Cable Business Index is forecast to decline 8% in 2008 and 3% in 2009.
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