SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Quarter to Quarter Aggressive Growth Stocks
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Jack Hartmann4/2/2009 11:31:43 AM
   of 6924
 
Factory orders increase first time in 7 months
Capital equipment orders jump 7.1% in February
Orders for U.S.-made factory goods increased 1.8% in February, the first gain after six months of large declines, the Commerce Department reported Thursday.

Excluding transportation goods, orders rose 1.6%. Excluding the 36% increase in defense goods, orders rose 0.9%.
Even with the gain in February, factory orders are down 18% in the past six months. The recession has hit the manufacturing sector hard in recent months. Consumer demand has fallen, capital spending by businesses has plunged, and export markets have dried up.

Factory orders had fallen at least 3% in each of the previous six months. January's orders were revised sharply lower to a 3.5% decline from 1.9% reported a month ago. Read the full government report.

This certainly is a peice of good news.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News