Factory Orders Plunge Twice as Much as Expected

[Wild Bill Kelsoe]

FAKE NEWS! Breitbart!

Is ABC fake news too?...lol

Redirect Notice

 

[Moonglow]

If you don’t have inventory what will you sell?

I never said to order anything, but you did. Do you think that Wal Mart has a huge inventory of Dr. Pepper in their warehouses, no they don't have any they have order fillers fill their order at the stores estimating what they think they will sell that week?

 

[AzogtheDefiler]

I never said to order anything, but you did. Do you think that Wal Mart has a huge inventory of Dr. Pepper in their warehouses, no they don't have any they have order fillers fill their order at the stores estimating what they think they will sell that week?

WalMart is definitely ordering more of it than they did prior to the pandemic. 100%

What about companies who sell plumbing supplies? Or Companies who need flour make and sell bread? Hmmmm….

 

[Leo123]

You order what you calculate you can pay for by selling it so you don't have too much inventory tying up yer fluid funds.

If you are a manufacturer, you also have to calculate the capacity of your plant and your throughput from inception to completion of the product you sell. The inventory you buy is used to manufacture the product you sell. It makes no sense to have excess inventory especially with 'just in time' policies.

 

[Moonglow]

WalMart is definitely ordering more of it than they did prior to the pandemic. 100%

What about companies who sell plumbing supplies? Or Companies who need flour make and sell bread? Hmmmm….

Then they order what they sell.

 

[22lcidw]

If the orders are being decreased then why are we having shortages, have you caught on yet?

Shipments of these so-called core capital goods, which are used to calculate business equipment spending in the gross domestic product report, increased 1.3% in December as previously reported.

Business spending on equipment rebounded in the fourth quarter.

At the moment we have to many dollars chasing to little goods. Those EO's Biden signed on his first day of installation did not help the situation.

 

[Colin norris]

"Fasten your seatbelts; it's going to be a bumpy night." Or week, or month, or year, or few years.

​

New orders for U.S.-made goods fell twice as much as expected in January–and by even more than that in inflation-adjusted terms. The Commerce Department said on Thursday that factory orders dropped 0.4 percent in December, the largest month-to-month drop since the pandemic lockdown crash of April 2020. Economists had forecast orders tumbling just 0.2 percent.​

​

Factory orders are measured in nominal dollars, meaning they do not take into account inflation. When prices are rising rapidly, as they did for most of last year, even a rise in orders can actually be a contraction of output because factories may be putting out fewer goods that have higher prices.​

​

The prices of goods produced in the U.S. rose 0.9 percent in December, according to the Department of Labor’s Producer Price Index. The prices of goods less food and energy, probably a better metric for factory inflation, rose 0.5 percent. The index for processed materials for intermediate demand less foods and energy, which may be the best proxy for factory orders overall, rose 0.7 percent.​

​

That suggests that real orders declined in December.​

​

Durable goods orders declined 0.7 percent while durable goods prices–as measured by the Consumer Price Index–rose 1.8 percent. Because the CPI includes import prices that the PPI excludes, the two measures are not directly comparable. But the indication is that real durable goods orders fell by more than two percent.​

​

Orders for nondurable goods declined by 0.2 percent and CPI prices climbed 0.9 percent.​

​

A special category referred to as “core capital goods” excludes defense orders and transportation. It is taken as a proxy for business investment. This rose 0.3 percent in December. The prices of private capital equipment, as measured by the PPI (which excludes imports), rose 0.6 percent. So even here, inflation-adjustment likely indicates a real contraction.​

​

​

...​

Bidenflation: Factory Orders Plunge Twice as Much as Expected

Inflation masked an even larger contraction in manufacturing at year-end. | Economy

www.breitbart.com

Two things here.
How is Biden directly responsible for I fglation when it was trump who threw the money out like confetti?

Do you understand what causes inflation?

What will be the next step the reserve will take?

 

[Leo123]

Two things here.
How is Biden directly responsible for I fglation when it was trump who threw the money out like confetti?

Do you understand what causes inflation?

What will be the next step the reserve will take?

The economy during Trump's Presidency was the best in our lifetimes mainly because he opened up drilling for natural gas and petroleum resources. America was the #1 exporter we controlled the world energy sector. Not a small thing. Biden slashed all that with his 'pie in the sky' visions of electric cars. That has caused folks to have to spend more $$$ just driving to work. It has caused higher product prices because of increased fuel costs for truckers. The ones responsible for almost everything we buy and have. This causes and increase in prices and a fall in purchasing value which is inflation.

There is no way Biden is going to ever change to electric vehicles in the foreseeable future because there is scant infrastructure right now. His 'climate change' belief is not anchored in science in the first place. There may be a place in the market for electric vehicles but, the government should keep out of the market. We are not currently running out of fossil fuel if we really start running out, the market will adjust to other means of power. Forcing it is not the solution the government can only fuck up by promoting it.

And I'm not even getting in to his mishandling of this supposed 'pandemic.' Not to mention his fuck up in Ukraine.

 

[CrusaderFrank]

"Fasten your seatbelts; it's going to be a bumpy night." Or week, or month, or year, or few years.

​

New orders for U.S.-made goods fell twice as much as expected in January–and by even more than that in inflation-adjusted terms. The Commerce Department said on Thursday that factory orders dropped 0.4 percent in December, the largest month-to-month drop since the pandemic lockdown crash of April 2020. Economists had forecast orders tumbling just 0.2 percent.​

​

Factory orders are measured in nominal dollars, meaning they do not take into account inflation. When prices are rising rapidly, as they did for most of last year, even a rise in orders can actually be a contraction of output because factories may be putting out fewer goods that have higher prices.​

​

The prices of goods produced in the U.S. rose 0.9 percent in December, according to the Department of Labor’s Producer Price Index. The prices of goods less food and energy, probably a better metric for factory inflation, rose 0.5 percent. The index for processed materials for intermediate demand less foods and energy, which may be the best proxy for factory orders overall, rose 0.7 percent.​

​

That suggests that real orders declined in December.​

​

Durable goods orders declined 0.7 percent while durable goods prices–as measured by the Consumer Price Index–rose 1.8 percent. Because the CPI includes import prices that the PPI excludes, the two measures are not directly comparable. But the indication is that real durable goods orders fell by more than two percent.​

​

Orders for nondurable goods declined by 0.2 percent and CPI prices climbed 0.9 percent.​

​

A special category referred to as “core capital goods” excludes defense orders and transportation. It is taken as a proxy for business investment. This rose 0.3 percent in December. The prices of private capital equipment, as measured by the PPI (which excludes imports), rose 0.6 percent. So even here, inflation-adjustment likely indicates a real contraction.​

​

​

...​

Bidenflation: Factory Orders Plunge Twice as Much as Expected

Inflation masked an even larger contraction in manufacturing at year-end. | Economy

www.breitbart.com

Hoe Lee Fuq

 

[Penelope]

The shortages are due to supply chain delays due to bad policies in D.C. and States run by Democrats. Not to mention the skyrocketing fuel prices, inflation, etc.

China is doubling down on its 'zero-tolerance' COVID policy ahead of the Olympics

China is battling coronavirus outbreaks in six cities. More than 20 million people are in some form of lockdown.

www.npr.org

 

[Penelope]

Is ABC fake news too?...lol

Redirect Notice

Thats because of China.
Old article:

US factory orders plunge 14.4% as economy grinds to halt​

Orders to U.S. factories for big-ticket manufactured goods plunged 14.4% in March, a worse-than-expected performance that underscored the severe impact the coronavirus pandemic was having on the U.S. economy
By MARTIN CRUTSINGER AP Economics Writer
April 24, 2020, 9:15 AM
• 1 min read

Seems this is on tramp's watch.

its trampinflation

 

[Superbadbrutha]

The shortages are due to supply chain delays due to bad policies in D.C. and States run by Democrats. Not to mention the skyrocketing fuel prices, inflation, etc.

So in other words you are telling us that all the states run by Republicans are thriving, there are NO shortages in those states.

 

[struth]

Two things here.
How is Biden directly responsible for I fglation when it was trump who threw the money out like confetti?

Do you understand what causes inflation?

What will be the next step the reserve will take?

maybe you missed the Xiden and the dems “covid” relief bill?

people’s 4th check is being sent out now

 

[Synthaholic]

Just wait for the jobs report.

 

[Synthaholic]

Thats because of China.

Old article:

US factory orders plunge 14.4% as economy grinds to halt​

Orders to U.S. factories for big-ticket manufactured goods plunged 14.4% in March, a worse-than-expected performance that underscored the severe impact the coronavirus pandemic was having on the U.S. economy
By MARTIN CRUTSINGER AP Economics Writer
April 24, 2020, 9:15 AM
• 1 min read

Seems this is on tramp's watch.

its trampinflation

Wild Bill Kelsoe is BUSTED!

 

[Synthaholic]

U.S. added 467,000 jobs in January despite omicron variant surge

 

[Harpy Eagle]

Manufacturing went to JIT (just in time) deliveries to DECREASE standing inventory decades ago.

And now that is being rethought as the shipping delays have led to JIT not being in time any longer.

 

[Harpy Eagle]

Just wait for the jobs report.

Surprisingly strong jobs report: America adds 467,000 positions in January​

 

[AzogtheDefiler]

Then they order what they sell.

That doesn’t make any sense you dumbass. I just Explained why. Stick to pizza delivery. You have zero business acumen and zero common sense. Typical Biden voter.

 

[theHawk]

Surprisingly strong jobs report: America adds 467,000 positions in January​

Unemployment rate rose to 4.0%
Number of unemployed persons stayed the same 6.5 million.
Job leavers increased to 952,000.
Temporary layoffs increased to 959,000.
Permanent job losers 1.6 million.
Persons jobless in last 5 weeks : 2.4 million

Labor force participation rate holds at 62.2%.
5.7 million looking for a job not counted as unemployed.
6 million unable to work due to pandemic, up from 3.1 million in December.
1.8 million prevented from working due to pandemic but are not counted as unemployed.

Funny how people unable to work due to pandemic aren’t counted. Those numbers are in the millions.