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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: orkrious who wrote (14699)	11/3/2004 10:32:45 AM
From: mishedlo	Read Replies (1) of 116555

U.S. Sept. factory orders down 0.4% vs up 0.4% forecast Wednesday, November 3, 2004 3:15:24 PM afxpress.com WASHINGTON (AFX) - Orders for U.S.-made factory goods fell 0.4 percent in September, the Commerce Department said Wednesday. The drop was unexpected. Economists had been forecast factory orders to rise 0.4 percent, according to a survey conducted by CBS Marketwatch. August orders were revised lower to a fall of 0.3 percent compared with the initial estimate of a 0.1 percent decline. This is the first two-month decline in factory orders since Nov.-Dec. 2002

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