US Factory Goods Demand Falls Unexpectedly

Irish Times ^ | August 3, 2012 | Financial Times Limited

[Son House]

Demand for US factory goods fell unexpectedly in June, reflecting a drop in corporate investment and the biggest decreases in non-durable goods orders for over three years.

Factory orders fell 0.5 per cent, compared with analysts’ expectations of a 0.7 per cent rise, US commerce department figures showed yesterday. June’s fall followed a downwardly revised 0.5 per cent increase in May, after sharp declines the two previous months.

Economists fear a slowdown in momentum, given that manufacturing had been regarded as the mainstay of a US economic recovery. The sector accounts for about 12 per cent of the economy.

[Son House]

The May US factory orders have been revised downwardly too...I never expected the 'factory good orders' was going to rise no matter what Democrat won the nomination in 2008.

The score: Me-1, (Democrat)Economist-0. But please hold the gold medal, I don't want the tax(can anyone tell me where that tax originated from?).

[Perdogg]

unexpectedly....every one drink

[ClearCase_guy]

‘tis but a scratch.

[Parley Baer]

Hehehehe, they are back to using the term “unexpectedly”.

[Tax-chick]

I am.

[ilovesarah2012]

The private sector is doing fine.

[Jeff Chandler]

You keep using that word.

[Iron Munro]

[3Fingas]

“Unexpectedly”, all of these pro-Obama economists were fired because they are incompetent, wishful-thinking, boobs.

[Son House]

Democrats and their crack-pot economist trying to sell raising taxes will create an economic expansion. Wrong. It's simple logic, the more taxes on the private sector, the smaller the private sector.

Ask a Democrat supporter, if the IRS took 40% from your total income every quarter,
are you left with more options?

[EEGator]

Everyone who was playing that game is dead from cirrhosis.

[fella]

The heavy duty truck factory where I work has been on 3 day work weeks with the employees drawing unemployment on the other 2 days for the entire month of July. And they've already told us that August in more of the same. Maybe until the end of the year. That's about 2,000 people. Oh, and about 300 were layed-off.

[Chode]

thank you... and from Ireland no less, guess we gotta drink Irish whiskey

[crusadersoldier]

[RetiredTexasVet]

Gives them an out .... spectedly doesn’t fly even on less than bright CNN.

[Bob]

Hehehehe, they are back to using the term “unexpectedly”.

Have they ever stopped using it? If they did, I must have missed it. I seem to hear it used in every negative economic report.

[bgill]

The reason there was a slight rise in May was probably because people were buying graduation and wedding gifts and were getting ready for summer. It won’t go up again until they get the numbers for back to school sales. Anyone else notice there haven’t been the onslaught of back to school sales yet this year? The local businesses have been advertising but their prices are much higher than they were last year.

[Cheerio]

Certainly glad to see the state run media has brought back the "Unexpectedly"

[Cheerio]

Certainly glad to see the state run media has brought back the "Unexpectedly"

[rawcatslyentist]

Communists take over and business falls "unexpectedly"

????

Of course it falls and fails! Who busts their ass to work for free?