Factory Orders Down; Inventories Flat

Newman, Emily
June 2003
Bond Buyer;6/6/2003, Vol. 344 Issue 31651, p2
Trade Publication
Factory orders for manufactured goods, excluding semiconductors, declined by the largest percentage since November 2001, falling 2.9% in April 2003. New orders dropped $9.4 billion to $320.0 billion, following a revised 2.1% gain in March 2003. Excluding transportation, the level of all new manufacturing orders declined 2.4% or $6.7 billion to $270.3 billion in April, following an unrevised 2.1% gain in March.


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