Business Outlook Survey Table of Results, August 2008

Summary of Returns
August 2008

                     August vs. July               Six Months from now
                                                   vs. August

               Prev.                           |Prev.
               Diff.  Inc. No ch. Dec.   Diff. |Diff.  Inc. No ch. Dec. Diff.
               Index                     Inde  |Index                   Index
                                               |
General Business -16.3  23.4   39.4 36.1 -12.7 |  18.0  40.5  36.1  12.9  27.6
Conditions                                     |
                                               |
New Orders       -12.1  25.1  36.4  37.0 -11.9 |  24.9  49.5  35.0  10.2  39.4
                                               |
Shipments         -8.0  24.2  47.4  27.6  -3.3 |  25.5  47.0  35.9  10.7  36.3
                                               |
Unfilled Orders  -18.3  13.9  58.1  22.6  -8.7 |   1.4  20.0  58.7  12.6   7.4
                                               |
Delivery Times   -10.7   1.4  84.2  11.3  -9.9 |  -5.8   9.8  77.1   6.3   3.5
                                               |
Inventories       -7.5  20.2  51.5  26.8  -6.6 |  -2.3  17.7  53.9  22.7  -5.0
                                               |
Prices Paid       75.6  65.4  24.0   7.9  57.5 |  67.1  60.1  22.0   8.2  51.9
                                               |
Prices Received   28.8  35.3  51.1   8.3  27.0 |  49.6  40.2  40.1  12.2  28.1
                                               |
Number of Emp.    -7.3  16.4  60.9  17.5  -1.1 |  17.5  29.1  49.7  15.5  13.5
                                               |
Avg. Emp. Wrkwk  -12.5  13.8  54.3  25.6 -11.8 |   8.5  21.8  60.9   8.3  13.5
                                               |
Capital Ex.       --    --    --    --    --   |   9.2  23.1  50.6  14.0   9.1
                                               |
                                               |
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 August 19, 2008