U.S. factory orders increase first time in 7 months

[jefferson_dem]

U.S. factory orders increase first time in 7 months

By Rex Nutting
Last update: 10:00 a.m. EDT April 2,

WASHINGTON (MarketWatch) - Orders for U.S.-made factory goods increased 1.8% in February, the first gain after six months of large declines, the Commerce Department reported Thursday. Excluding transportation goods, orders rose 1.6%. Excluding the 36% increase in defense goods, orders rose 0.9%. Orders for nondefense, nonaircraft capital equipment - the kinds of goods businesses invest in to expand or update their productive capacity - jumped 7.1%, revised up from a 6.6% gain reported last week. Orders for durable goods rose an upwardly revised 3.5% in February, also the first gain in seven months. Orders for nondurable goods rose 0.3% in February, led by big increases in chemicals and plastics.

http://www.marketwatch.com/news/story/us-factory-orders-increase-first/story.aspx?guid=%7B56A3C108-FA70-4D9C-85F8-240D6AD9D867%7D&dist=msr_3

[lamp_shade]

1. My daughter predicted this. She bought stock in some company that makes

cardboard boxes. I thought she was nuts at the time, but she said "Mom, the stock has been going up slowly but consistently since March 9th". Who'd a thunk.

[Yavin4]

2. Can You Say "Stimulus"?

It's the Stimulus package at work.

[mkultra]

4. bu bu but Obama and giehtner are running the country. WHERES MY PONY!

[Jennicut]

5. Yup. Extra money in the economy is always a good thing.

Though there is lots of money to follow as it is being released a bit at a time.

[avaistheone1]

9. How so? I really would like to know.

[DavidDvorkin]

3. Dubya's economic policies are working!

Because it takes X years for a president's policies to really take effect, where the value of X is determined by Republican bootlickers.

[ClarkUSA]

6. Krugman and Limbaugh will be so disappointed.

[Nicholas D Wolfwood]

7. I think Paul's going to get himself passed over for the Nobel this year.

And I'm very, very glad for that, as the alternative would have our country in ruin.

[ClarkUSA]

8. lol

And I'm very, very glad for that, as the alternative would have our country in ruin.

Me too. :thumbsup: