Question-and-Answer Session
Operator
(Operator Instructions) Your first question comes from David Walsh - Avondale Partners.
David Walsh - Avondale Partners
First off have backlogs changed appreciably since the end of the quarter as we’ve gone into October here?
Joe Stegmayer
I will pass that to Dan who have the numbers in front of him.
Dan Urness
Sure, I mean our backlogs have been fairly weak for the last year really. They have gone down since this time last year when they were around $4.5 million.
David Walsh - Avondale Partners
I guess earlier in your comments there’s about $1.6 million and is it a consistent rate today or was that a quarter-end number that you had given?
Dan Urness
That was a quarter end number and that’s not in consistent with toady.
David Walsh - Avondale Partners
And just a follow-up on that, any changes with regards to capacity utilizations still trending at that just over 50% rate?
Dan Urness
Well that’s comedown from since the last quarter and the quarter before that and we are working to keep that from reducing any further.
David Walsh - Avondale Partners
And third question, just as you look back over the quarter, I just wondered if you could give any color on what sales trends look like on a month-to-month basis, if you saw any changes or is that fairly level as you went through a period?
Joe Stegmayer
I think David it has gotten somewhat tighter with respect to income orders. It was as Dan indicated, it’s been very tough all along, but I think while it’s hard to measure there probably has been even a little further decline since the public knowledge of the financial crisis over the last month or two.
David Walsh - Avondale Partners
What are seeing with regards to raw materials? Have those prices started to trend back down or are you still seeing inflation there?
Joe Stegmayer
A mixed bag; on raw materials we are seeing and we still believe that we’re seeing some increases. In fact, we just received two more increases on some major products we buy just in the last couple of weeks. However, we have seen a stabilization, at some point a decline in some other raw materials. I think the more distinct point would be that what it’s going to look like in the months ahead because commodity prices are obviously falling.
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