http://www.citizeneconomists.com/blogs Citizen Economists is an online economics magazine written by citizen journalists. These ordinary citizens provide reports and commentary on the current events affecting the economics of the fields they work in. Fri, 10 Feb 2012 20:10:41 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 http://www.citizeneconomists.com/blogs/2010/02/05/new-factory-orders-continue-steady-rise/ http://www.citizeneconomists.com/blogs/2010/02/05/new-factory-orders-continue-steady-rise/#comments Fri, 05 Feb 2010 13:20:50 +0000 Eldon Mast http://www.citizeneconomists.com/blogs/?p=2993 Factory orders continued their solid advance in December, up another 1.0% on top of their 1.0 percent gain in November and 0.8% percent gain in October. The advance is strong in durable goods and non-durable goods, both up 1.0%.   Perhaps most encouraging is a capital goods reading that also shows strength in the month. . . . → Read More: New Factory Orders Continue Steady Rise]]> Factory orders continued their solid advance in December, up another 1.0% on top of their 1.0 percent gain in November and 0.8% percent gain in October. The advance is strong in durable goods and non-durable goods, both up 1.0%.   Perhaps most encouraging is a capital goods reading that also shows strength in the month. Thursday’s report underscores strong momentum for the manufacturing sector going into the New Year. Additionally, on Monday accelerating momentum was observed in the ISM manufacturing report on business for January.

Shipments also continue to rise — jumping 1.9%, which adds to a 1.6% rise in November and October’s 0.9% gain.

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