- US DATA: Dec factory new orders +0.2%; well above the -0.4% expected. Ex-def new orders also +0.2%.
Market news
3 February 2011
US DATA: Dec factory new orders +0.2%; well above the -0.4% expected. Ex-def new orders also +0.2%.
Nondurable orders +2.3% led by oil/coal, chemicals, fertilizer. Non-def aircraft/parts orders -99.5%. Total factory orders ex transport +1.7%. Total Nov orders rev to +1.3%. (prv +0.7%). The NSA annual orders change +11.95%. Factory shipments +2.0% as was shipments ex-defense. Factory inventories +1.1%. Unfilled orders -0.4% after 8 mos of increases. Inv-to-ship ratio 1.26, a little under Nov's 1.27.
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