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Politics : Rat's Nest - Chronicles of Collapse -- Ignore unavailable to you. Want to Upgrade?

To: SiouxPal who wrote (3511)	1/5/2006 3:57:49 PM
From: Hope Praytochange	Read Replies (2) \| Respond to of 24225

demohacks start eating dust : 1. Factory Orders Up The Wall Street Journal radio reports on Wednesday that manufacturing orders were up in November, thanks primarily to a big up tick in aircraft parts orders. But if you're looking for signs that certain industries, like defense and automobiles, are a good place to move your portfolio early this year, you might want to think again. According to The Journal, new factory orders rose 2.5% with a spike in civilian aircraft equipment offsetting weaker demand for cars and heavy equipment. Transportation equipment rose 16% for the month, while non-defense civil aircraft order skyrocketed by 134%. According to the report, the numbers reveal a continued softening in defense equipment and automotive, as factory orders in those sectors dropped 43% and 8%, respectively. "The factory orders report shows that the first two months of the fourth quarter were not especially a great time for manufacturers," Lehman Brothers economist Drew Matus, told Reuters. He added that this week's ISM manufacturing index number also came in under analyst expectations. "This is the second signal we've gotten that not all is well in the manufacturing sector of the economy," he said.