Big Ticket Factory Orders Surge in November

[wovenpaint]

From Yahoo News: http://news.yahoo.com/s/ap/20051223/ap_on_bi_go_ec_fi/economy

By MARTIN CRUTSINGER, AP Economics Writer 1 hour, 27 minutes ago

WASHINGTON - 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. <snip>


This is my first try at posting LBN-so I hope it's ok! (edited for typo...)

I've been enjoying reading the Yahoo discussion comments on this article...:eyes:

[xchrom]

1. include link, please.

[cosmicdot]

2. is there a link to the Yahoo page?

A search only found the article on ABC's website
http://abcnews.go.com/Business/wireStory?id=1436620&CMP=OTC-RSSFeeds0312

[wovenpaint]

3. Sorry- here's the correct link

http://abcnews.go.com/Business/wireStory?id=1436620&CMP=OTC-RSSFeeds0312

Yahoo changed the story at that link....what a flip flop, huh?

[cosmicdot]

5. did U C this?:: "Durable Goods numbers, excluding aircraft, fell

yet, the corporate media cheerleaders call it a "surge" in durable good orders ... talking about putting all the economic eggs in one basket ...

"...excluding transportation orders, durable good orders fell 0.6% in November, the third straight monthly drop. Orders for core capital goods equipment fell 2.0% in November. Shipments of durable goods fell 0.2% in November..."

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x2003707#2003821

[Zynx]

6. That's actually extremely bad to see capital goods orders falling.

These numbers are volatile, but if one sees several months like that in a row, watch out.

[Roland99]

4. So, it's an anamoly due to the aircraft orders? The RWers will be spewing

this from up on high all thru the holidays.