Business Outlook Survey Table of Results, April 2008

April 2008

                     April vs. March          |    Six Months from Now
                                              |            vs. April
                                              |
               Prev.                          |Prev.
               Diff.  Inc. No ch. Dec. Diff.  |Diff.  Inc. No ch. Dec. Diff.
               Index                   Index  |Index                   Index
                                              |
General Busines -17.4  13.1  47.9  38.1 -24.9 |  -0.5  37.3  34.5  23.6  13.7
Conditions                                    |
                                              |
New Orders       -9.3  20.0  41.2  38.8 -18.8 |   8.5  38.5  35.9  21.9  16.6
                                              |
Shipments        -6.3  22.6  46.7  30.7  -8.0 |  10.8  37.2  35.2  21.2  16.0
                                              |
Unfilled Orders -18.7  10.3  61.6  27.1 -16.8 | -15.5  11.0  60.8  22.9 -11.9
                                              |
Delivery Times  -10.3  14.6  72.9  10.4   4.2 | -19.2   8.4  68.2  18.7 -10.4
                                              |
Inventories     -13.5  13.6  45.9  39.8 -26.2 | -27.3  18.4  46.2  31.4 -13.1
                                              |
Prices Paid      54.4  54.5  41.3   2.9  51.6 |  64.1  60.4  30.2   5.1  55.3
                                              |
Prices Received  21.2  38.4  54.2   7.5  30.9 |  36.2  45.3  42.0  11.9  33.4
                                              |
Number of Emp.   -4.7   8.2  71.3  19.3 -11.1 |   0.6  22.9  48.9  22.7   0.2
                                              |
Avg. Emp. Wrkwk -10.0   5.9  73.2  18.2 -12.3 |  -1.5   9.6  65.8  18.8  -9.2
                                              |
Capital Ex.      --    --    --    --    --   |  -2.7  27.9  45.9  14.1  13.8
                                              |

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 April 15, 2008.