![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiNs0xRz3tnHxk05oQrOukvZuupPqsKW1cnWeccxgAn3mooxXaBmhXZFXy_zC_-oDO8kXb1uHeDGEDaZ1FL5aMa8sWTaDeTPdGoyGcjV-9RlL4_Rq4ZZz4_Zw841ixHR44l0NQr/s280/richmondskyline.jpg)
The most notable component measures also showed similar poor results with the new orders dropping 25 points to -15, shipments declined 19 points to -13 and backlog of orders declined 20 points to -19.
The following chart plots the composite index with the red line marking a level of 0, or the threshold between increasing and declining activity.