TITLE

Factory Orders Up 0.7%; Inventories Rise 0.4%

AUTHOR(S)
Ferris, Craig T.
PUB. DATE
July 2006
SOURCE
Bond Buyer;7/6/2006, Vol. 357 Issue 32417, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports the increase in new factory orders for manufactured goods and inventories in the U.S. in May 2006. According to the Department of Commerce, the level of all new manufacturing orders grew 1.2 percent to about $341.3 billion, excluding transportation. The 0.7 percent increase to $399 billion is said to be much larger than the projected increase by the IFR Market.
ACCESSION #
21515736

 

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