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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?

To: Smiling Bob who wrote (9095)	12/23/2005 9:44:19 AM
From: Smiling Bob	Respond to of 19256

One company can not shoulder the whole economy Big-Ticket Factory Orders Surge in Nov. Friday December 23, 8:37 am ET By Martin Crutsinger, AP Economics Writer Orders for Big-Ticket Manufactured Goods Soar in November on Demand for Commercial Aircraft WASHINGTON (AP) -- Orders to U.S. factories for big-ticket manufactured goods jumped by the largest amount in six months, reflecting soaring demand for commercial aircraft. The Commerce Department reported that orders for durable goods were up 4.4 percent to a record $223 billion last month, following a 3 percent gain in October. It was the biggest one-month advance since a 7.3 percent rise last May although demand outside of commercial aircraft was weak. The 4.4 percent advance was far above the 1.1 percent increase that Wall Street analysts had been expecting. The strength was led by a 133.8 percent surge in orders for commercial aircraft and parts, which jumped to $25.9 billion from $11.1 billion the previous month. Analysts had expected a big gain in aircraft orders because Boeing Co. had reported strong sales during the month. Orders for all types of transportation products were up 15.6 percent as the strength in commercial aircraft was offset by a 5.7 percent drop in orders for motor vehicles and parts and demand for military aircraft fell 44.3 percent. Excluding transportation, orders for durable goods, items expected to last three or more years, fell by 0.6 percent. That was the third straight drop in durable goods orders outside of transportation. This category had fallen 0.2 percent in October and 0.1 percent in September. Orders for non-defense capital goods, seen as a good barometer of business plans to expand and modernize, rose by 19.6 percent, but all of that strength was in the surge in aircraft orders. Excluding aircraft, non-defense capital goods actually fell by 2 percent last month.