====================================================================== Rule #1: YOU MUST clip all extraneous text when replying to a message. ======================================================================
>From the US Dept of Commerce: http://www.census.gov/manufacturing/m3/ New Orders New orders for manufactured durable goods in August decreased $2.5 billion or 1.3 percent to $191.2 billion, the U.S. Census Bureau announced today. Down three of the last four months, this decrease followed a 0.7 percent July increase. Excluding transportation, new orders increased 2.0 percent. Excluding defense, new orders decreased 1.2 percent Shipments Shipments of manufactured durable goods in August, down following two consecutive monthly increases, decreased $3.1 billion or 1.5 percent to $197.9 billion.This followed a 2.5 percent July increase. Transportation equipment, also down following two consecutive monthly increases, had the largest decrease, $3.1 billion or 5.9 percent to $49.5 billion. Unfilled Orders Unfilled orders for manufactured durable goods in August, down two consecutive months, decreased $0.8 billion or 0.1 percent to $802.4 billion. This followed a 0.1 percent July decrease. And from the EU's Eurostat Agency In July 2010 compared with June 2010, the euro area1 (EA16) industrial new orders index2 fell by 2.4%. In June3 the index increased by 2.4%. In the EU271, new orders declined by 2.3% in July 2010, after a rise of 2.5% in June3. Excluding ships, railway & aerospace equipment4, for which changes tend to be more volatile, industrial new orders fell by 0.6% in the euro area and by 0.5% in the EU27. In July 2010 compared with July 2009, industrial new orders grew by 11.2% in the euro area and by 12.5% in the EU27. Total industry excluding ships, railway & aerospace equipment4 rose by 13.6% and 14.8% respectively. Not exactly upbeat numbers, are they? There's still trillions of dollars of non-performing debt to be worked off; overaccumulation to be destroyed, millions of lives to be impoverished. ________________________________________________ Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
