Business Outlook Survey Table of Results, March 2006

Business Outlook Survey
March 2006
Summary of Returns

                         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  15.4  22.4  63.6  10.1  12.3  31.1  31.6  41.9  17.0  14.6
Conditions
New Orders       12.5  30.4  54.0   9.6  20.8  38.1  46.5  29.8  14.6  31.8
Shipments        22.5  34.8  50.6  10.5  24.3  27.6  39.6  35.9  17.4  22.2
Unfilled Orders  10.2  16.9  67.7  11.2   5.7   2.8  19.8  53.6  18.6   1.2
Delivery Times    8.6  14.8  72.7  11.1   3.7  -1.9  13.1  62.8  17.1  -4.0
Inventories       9.3  26.8  54.2  15.8  11.1   1.4  23.3  37.7  31.7  -8.3
Prices Paid      30.5  22.7  67.1   5.5  17.2  33.0  38.9  48.1   7.9  31.0
Prices Received  18.2  18.9  74.9   3.5  15.4  24.2  37.3  50.3   7.3  30.0
Number of Emp.   11.3  17.0  67.3  11.5   5.4  22.4  31.0  50.9  12.0  19.0
Avg. Emp. Wrkwk   8.7  17.0  64.4  10.7   6.3  11.5  17.1  60.7  12.4   4.7
Capital Ex.       --    --    --    --    --   23.5  31.7  41.4   8.0  23.7


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 14, 2006.