Summary of Returns
January 2014

                     January vs December           Six Months from Now
                                                   vs. January

               Prev.                         Prev.
               Diff.  Inc. No ch. Dec. Diff. Diff.  Inc. No ch. Dec. Diff.
               Index                   Index Index                   Index

General Busines   6.4  26.9  54.8  17.5   9.4  44.8  47.6  27.0  13.2  34.4
Conditions

New Orders       12.9  26.9  50.5  21.8   5.1  45.7  51.1  28.8  12.7  38.4

Shipments        11.9  32.7  42.1  20.6  12.1  42.0  48.9  29.1  15.6  33.2

Unfilled Orders  -6.6  14.9  66.1  15.9  -1.0  11.9  20.9  58.0   9.6  11.3

Delivery Times   -8.0   7.8  72.0  10.6  -2.8   2.2   5.2  67.2  15.8 -10.6

Inventories      16.0   9.5  61.4  29.1 -19.6   0.6  19.9  48.8  20.2  -0.2

Prices Paid      16.4  24.8  67.9   6.0  18.7  39.1  39.2  48.2   3.9  35.3

Prices Received  10.8  13.5  78.1   8.4   5.1  34.8  21.3  61.9   9.5  11.8

Number of Emp.    4.4  23.1  62.1  13.1  10.0  18.2  24.5  60.0   7.0  17.5

Avg. Emp. Wrkwk   4.8  17.9  58.8  23.3  -5.3   9.5  19.9  56.0  14.4   5.5

Capital Ex.      --    --    --    --    --    12.8  24.0  54.9   8.9  15.1


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 data reflect information received through January 14, 2014.

January 2014 Release

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