Business Outlook Survey Table of Results, March 2008

March 2008

                     March vs. February            Six Months from now
                                                           vs. March

               Prev.                          |Prev.
               Diff.  Inc. No ch. Dec. Diff.  |Diff.  Inc. No ch. Dec. Diff.
               Index                   Index  |Index                   Index
                                              |
General Busines -24.0  15.4  51.2  32.8 -17.4 | -16.9  28.3  41.0  28.7  -0.5
Conditions                                    |
                                              |
New Orders      -10.9  20.1  47.6  29.4  -9.3 |  -7.8  35.8  34.6  27.4   8.5
                                              |
Shipments       -12.2  19.7  53.9  25.9  -6.3 |   5.2  38.5  33.2  27.8  10.8
                                              |
Unfilled Orders -10.9  12.7  55.6  31.5 -18.7 | -10.6  10.6  62.9  26.1 -15.5
                                              |
Delivery Times   -7.6   9.8  70.1  20.1 -10.3 |  -5.8   7.8  65.3  26.9 -19.2
                                              |
Inventories     -13.0  20.2  45.4  33.8 -13.5 | -12.9  12.0  45.5  39.4 -27.3
                                              |
Prices Paid      46.6  60.6  29.2   6.2  54.4 |  36.8  70.7  20.2   6.6  64.1
                                              |
Prices Received  24.3  29.6  60.8   8.3  21.2 |  32.1  50.3  33.6  14.0  36.2
                                              |
Number of Emp.    2.5  14.9  65.0  19.6  -4.7 |  -8.8  22.4  55.0  21.8   0.6
                                              |
Avg. Emp. Wrkwk  -3.9  11.4  65.4  21.4 -10.0 |  -1.9  19.6  59.2  21.2  -1.5
                                              |
Capital Ex.      --    --    --    --    --   |   1.7  22.6  46.7  25.3  -2.7
                                              |

Notes: (1) Items may not add to 100 percent because of omission by respondents.
       (2) All data are seasonally adjusted.
       (3) Diffusion indexes represent the percentage of respondents indicating
           an increase minus the percentage indicating a decrease.
       (4) Survey results reflect data received through March 18, 2008.