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

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To: Elroy Jetson who wrote (20329)1/4/2005 10:32:37 AM
From: mishedlo  Read Replies (1) of 116555
 
U.S. Nov. factory orders up 1.2%; Oct. revised higher
Tuesday, January 4, 2005 3:15:18 PM
afxpress.com

WASHINGTON (AFX) -- New orders for U.S.-made manufactured goods rose a faster-than-expected 1.2 percent in November after October's gains were revised higher, the Commerce Department said Tuesday. The November rise was the fastest increase since July. New orders rose a revised 0.9 percent in October after an initial estimate of a 0.5 percent increase. Shipments rose 0.4 percent in November to a record $379 billion. Economists polled by CBS MarketWatch expected a 1 percent gain in November orders
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