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"Pete Rose, 'Shoeless' Joe Reinstated by MLB, Eligible for HOF" "'Major Breakthrough': Here Are the Details on the China Trade Deal" Freepers Still Love war Status: Not Logged In; Sign In Business See other Business Articles Title: Factory Orders Increase For Fifth Consecutive Month In January Source: RTTNews URL Source: http://www.rttnews.com/ArticleView.aspx?Id=1230567&SMap=1 Published: Mar 4, 2010 Author: RTTNews Post Date: 2010-03-04 14:50:14 by Brian S Keywords: None Views: 828 Comments: 14 (RTTNews) - New orders for manufactured goods increased for the fifth consecutive month in January, according to a report released by the Commerce Department on Thursday, with the continued growth due largely to a jump in orders for commercial aircraft. The report showed that orders for manufactured goods increased by 1.7 percent in January following an upwardly revised 1.5 percent increase in December. Economists had expected orders to increase by 1.8 percent compared to the 1.0 percent growth originally reported for the previous month. A notable increase in orders for durable goods contributed to the increase in factory orders, with durable goods orders rising by 2.6 percent in January following a 1.8 percent increase in the previous month. The increase is downwardly revised from the 3.0 percent growth reported last week. Orders for non-durable goods also contributed to the factory orders growth, rising by 0.9 percent in January after increasing by 1.3 percent in December. As mentioned above, however, the increase in factory orders was largely due to a 118.6 percent increase in orders for commercial aircraft and parts, which resulted in a 15.0 percent increase in orders for transportation equipment. Excluding the increase in orders for transportation equipment, factory orders edged up by a much more modest 0.1 percent in January compared to a 1.5 percent increase in December. The report also showed that shipments of manufactured goods rose by 0.3 percent in January after rising by 1.8 percent in December. With the increase, shipments increased for the seventh time in eight months. Inventories of manufactured goods, up three of the last four months, increased or 0.2 percent in January after falling by 0.2 percent in December. With inventories and shipments increasing at roughly the same pace, the inventories-to-shipments ratio was unchanged from the previous month at 1.29. Post Comment   Private Reply   Ignore Thread   Top • Page Up • Full Thread • Page Down • Bottom/Latest #1. To: Brian S (#0) (Edited) I thought that I had posted this earlier when I was posting today's releases but I must have done something - or nothing at all - apparently. I didn't find this report all that strong. It certainly doesn't hint that inventories will continue to be rebuilt. Still believe a late Q1, early Q2, pause is on the horizon. Day 11 of Packrat refusing to register here. Day 9 Of Boofer The One Eyed Wonder Bot refusing to answer: When is Blackwell going to have the recount? Jan 30, 2006 ... by saveliberty (Proud to be Head Snowflake, Bushbot... war  posted on  2010-03-04   15:49:50 ET  Reply   Trace   Private Reply   #2. To: Brian S (#0) Bought and paid for by the future generations. Goldi-Lox: You're one dumb-fucking bitch. Nebuchadnezzar  posted on  2010-03-04   16:04:58 ET  Reply   Trace   Private Reply   #3. To: Nebuchadnezzar (#2) Bought and paid for by the future generations. Huh? Day 11 of Packrat refusing to register here. Day 9 Of Boofer The One Eyed Wonder Bot refusing to answer: When is Blackwell going to have the recount? Jan 30, 2006 ... by saveliberty (Proud to be Head Snowflake, Bushbot... war  posted on  2010-03-04   16:06:38 ET  Reply   Trace   Private Reply   #4. To: war (#3) Did I stutter? ;-> This "growth" is all due to the government borrowing gigantic sums from my kid's and their kid's generation. Goldi-Lox: You're one dumb-fucking bitch. Nebuchadnezzar  posted on  2010-03-04   16:38:04 ET  Reply   Trace   Private Reply   #5. To: Nebuchadnezzar (#4) (Edited) The growth was found in non defense capital goods...i.e. PRIVATE transactions... Day 11 of Packrat refusing to register here. Day 9 Of Boofer The One Eyed Wonder Bot refusing to answer: When is Blackwell going to have the recount? Jan 30, 2006 ... by saveliberty (Proud to be Head Snowflake, Bushbot... war  posted on  2010-03-04   16:39:18 ET  Reply   Trace   Private Reply   #6. To: war (#5) The growth was found in non defense capital goods...i.e. PRIVATE transactions... Private transactions SUBSIDIZED by USG borrowing, be it through artificially lowered mortgage rates by FED, bank-bailouts, etc. Goldi-Lox: You're one dumb-fucking bitch. Nebuchadnezzar  posted on  2010-03-04   17:05:10 ET  Reply   Trace   Private Reply   #7. To: Nebuchadnezzar (#6) How are two private transactions facilitated by uSG borrowing? Day 11 of Packrat refusing to register here. Day 9 Of Boofer The One Eyed Wonder Bot refusing to answer: When is Blackwell going to have the recount? Jan 30, 2006 ... by saveliberty (Proud to be Head Snowflake, Bushbot... war  posted on  2010-03-04   17:07:07 ET  Reply   Trace   Private Reply   #8. To: Brian S (#0) The increase is downwardly revised from the 3.0 percent growth reported last week. The recovery isn't! Sneakypete, have you ever been married? Said things you later regretted? Ibluafartsky  posted on  2010-03-04   17:29:16 ET  Reply   Trace   Private Reply   #9. To: war. badeye (#5) The growth was found in non defense capital goods...i.e. PRIVATE transactions... Really? I read the report and it said exclude the commercial aircraft and you have a .1% growth. Now take out the government bullshit and what do you have??? War, have you seen how New York's sale taxes are plummeting??? Doesn't that tell you something is horribly wrong? Goldi-Lox: You're one dumb-fucking bitch. Nebuchadnezzar  posted on  2010-03-04   18:00:38 ET  Reply   Trace   Private Reply   #10. To: Nebuchadnezzar (#9) Yep. And COMMERICAL aircraft is a NON DEFENSE capital good. But the fact this will keep people at Boeing employed must be disappointing for you. One less blood dance on the umemployed. Day 11 of Packrat refusing to register here. Day 9 Of Boofer The One Eyed Wonder Bot refusing to answer: When is Blackwell going to have the recount? Jan 30, 2006 ... by saveliberty (Proud to be Head Snowflake, Bushbot... war  posted on  2010-03-04   18:17:50 ET  Reply   Trace   Private Reply   #11. To: war (#10) But the fact this will keep people at Boeing employed must be disappointing for you. One less blood dance on the umemployed. Yeah, right, things are so good at Boeing that they are shutting down their Australian branch. Hey WTF, again, the stories don't add up, but let the good times roll, right?: Boeing shuts Sydney plant MATT O'SULLIVAN March 4, 2010 Ads by Google Statoil www.Statoil.com US aircraft manufacturer Boeing will end a 70-year history of building parts for some of the world’s most famous jetliners in NSW after closing a plant in south-west Sydney with the loss of about 350 jobs. Boeing announced today that it will close the manufacturing plant near Bankstown Airport over the next 24 to 30 months, shifting the work to its facility at Fishermans Bend in Melbourne. Mark Ross, the managing director of Boeing Aerostructures Australia, said today that it made the decision to centralise operations because the two plants in NSW and Victoria were operating at less than 50 per cent capacity. ‘‘We simply could not carry the overheads associated with operating two under-utilised plants,’’ he said. Boeing said about 300 new jobs at the Melbourne plant would be offered to the Sydney workers. Boeing has invested $200 million in the Melbourne plant over the past two years, as it ramps up its work on the troubled 787 Dreamliner program. The federal and Victorian governments also gave Boeing $25 million between them to spend on the plant in Melbourne several years ago. But Mr Ross dismissed suggestions Boeing had received financial incentives to shift the work to Melbourne. Workers at the Bankstown plant would be offered work at the Melbourne facility, but would receive redundancy packages if they did not want to move to Victoria. ''We're disappointed with the decision. They have advised it is a commercial decision,'' NSW Premier Kristina Keneally told AAP, adding that there was nothing she could do to reverse the move. Investment shortfall The Bankstown plant has been producing components for aircraft such as the long-range 777, the 737, the 747-8 jumbo and C-130s. Mr Ross said the announcement today did not come as a surprise to workers because ‘‘the reality is that we haven’t invested at the levels as we have at the Victorian facility in recent years’’. The company said it had no plans to further centralise its operations in Australia, where it has a workforce of about 3300 (about two-thirds of whom are based in Queensland). The Australian Manufacturing Workers Union’s acting state secretary, Tim Ayres, said the closure of the plant was ‘‘a terrible blow to the workers at Boeing and their families’’. ‘‘NSW simply cannot afford the loss of these skilled jobs at Boeing together with the thousands of downstream jobs that will be affected,” Mr Ayres said in a statement. “We must also face the fact that Boeing has been a focus for investment and aerospace research and development in this state and that is now also lost. The loss of Boeing to NSW is not just the closure of one site. It is a massive loss to the entire aerospace industry in this state.’’ The AMWU will ask the NSW Premier, Kristina Keneally, to convene an urgent meeting with unions and Boeing’s managing director in an effort to keep the company in NSW. Goldi-Lox: You're one dumb-fucking bitch. Nebuchadnezzar  posted on  2010-03-04   18:25:00 ET  Reply   Trace   Private Reply   #12. To: Nebuchadnezzar (#11) Yeah, right, things are so good at Boeing that they are shutting down their Australian branch...er. The only Australian employee that I give a shit about is one of my clients and he is in Denver, CO. What an absolutely fucking stupid thing to post. Day 11 of Packrat refusing to register here. Day 9 Of Boofer The One Eyed Wonder Bot refusing to answer: When is Blackwell going to have the recount? Jan 30, 2006 ... by saveliberty (Proud to be Head Snowflake, Bushbot... war  posted on  2010-03-04   18:26:54 ET  Reply   Trace   Private Reply   #13. To: war (#12) The only Australian employee that I give a shit about is one of my clients and he is in Denver, CO. What an absolutely fucking stupid thing to post. Of course, you're such a great humanitarian. You realize Boeing has laid off like 10,000 in the last year? YOU REALIZE THIS???? Goldi-Lox: You're one dumb-fucking bitch. Nebuchadnezzar  posted on  2010-03-04   19:50:13 ET  Reply   Trace   Private Reply   #14. To: Nebuchadnezzar (#13) Yea...we were in the throes of Boy Blunder's global recession... Day 11 of Packrat refusing to register here. Day 9 Of Boofer The One Eyed Wonder Bot refusing to answer: When is Blackwell going to have the recount? Jan 30, 2006 ... by saveliberty (Proud to be Head Snowflake, Bushbot... war  posted on  2010-03-04   19:53:24 ET  Reply   Trace   Private Reply   Top • Page Up • Full Thread • Page Down • Bottom/Latest

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