MFG Orders0.5%, shipments1.1%-BO takes full blame-you didn't get there on your own

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  1. Neotrotsky
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    Neotrotsky Council to Supreme Soviet

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    June MFG Orders↓0.5%, shipments ↓1.1%-BO takes full blame- 'you didn't get there on your own '

    New orders for manufactured goods in June, down three of the last four months, decreased $2.1 billion or 0.5 percent to $465.8 billion, the U.S. Census Bureau reported today. This followed a 0.5 percent May increase. Excluding transportation, new orders decreased 1.8 percent. Shipments, down two of the last three months, decreased $5.3 billion or 1.1 percent to $469.9 billion. This followed a 0.3 percent May increase. Unfilled orders, up following two consecutive monthly decreases, increased $3.4 billion or 0.3 percent to $988.1 billion. This followed a slight May decrease. The unfilled orders-to-shipments ratio was 6.27, up from 6.24 in May. Inventories, also up following two consecutive monthly decreases, increased $0.4 billion or 0.1 percent to $605.4 billion. The inventories-to-shipments ratio was 1.29, up from 1.27.






    Papa Obama takes full responsibility for that....

    [ame=http://www.youtube.com/watch?v=DY5V90tpoT8]Obama: "If you've got a business, you didn't - YouTube[/ame]
     

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