In March 2023, the level of capacity utilization repeated the record of the previous month and for the third time in the entire history of REB’s observations (the first was recorded in October 2022) amounted to a maximum of 89% (from the normal monthly level taken as 100). The level of utilization of the available labor force came close to the maximum value for 31 years of observations, amounting to 97%. The diffusion index of the order-book level grew by 7 percentage points over the month and reached 64% - the highest value reached in the REB surveys since 1991. The diffusion index of three-month expectations of debt to banks, on the contrary, significantly decreased (by 12 points) and reached a historic low of 15%. The share of enterprises in «good» or «normal» financial condition amounted to 89% (in 30 years of observations it was higher only twice).