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To: yard_man who wrote (168744)	5/29/2002 11:27:34 AM
From: Haim R. Branisteanu	Respond to of 436258

German Plant,Machinery Orders -2:Feb-Apr Orders -6% On Yr FRANKFURT (Dow Jones)--New orders for Germany's plant and machinery industry were flat on the year in April, as a surge in foreign orders compensated for a sharp drop in domestic orders, industry group VDMA said Wednesday. Domestic orders fell 21% on the year in April, while foreign orders rose 19% on the year. In March, plant and machinery orders were down a real 9% on the year, with domestic orders down 13% and foreign orders down 7% on the year. In the three-month comparison for February through April, which smoothes out the monthly fluctuations, plant and machinery orders fell 6% on the year. Domestic orders in the period were down 14% on the year, while foreign orders rose 1% on the year. VDMA Web site: vdma.org