U.S. factory orders barely rise; shipments fall further

Discussion in 'Economy' started by McRocket, Mar 19, 2019.

  1. McRocket
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    McRocket Gold Member

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    'New orders for U.S.-made goods rose less than expected in January and shipments fell for a fourth straight month, offering more evidence of a slowdown in manufacturing activity.

    Factory goods orders edged up 0.1 percent, the Commerce Department said on Tuesday, held back by decreases in orders for computers and electronic products, after rising by the same margin in December.

    There were also declines in demand for primary metals and fabricated metal products.

    Economists polled by Reuters had forecast factory orders rising 0.3 percent in January. Factory orders increased 3.8 percent compared to January 2018.


    Shipments of factory goods fell 0.4 percent after dropping 0.2 percent in December. They have now declined for four consecutive months, the longest streak since mid-2015.'

    U.S. factory orders barely rise; shipments fall further | Reuters

    Not good.
     
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  2. miketx
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    miketx Diamond Member

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    Why should anybody believe the media?
     
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  3. Weatherman2020
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    Weatherman2020 Diamond Member

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    Is that why the stock market is up and being called a bull market now?
     
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  4. MisterBeale
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    MisterBeale Gold Member

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    If they told you good news, I am sure you would have no problem buying their story.
     
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  5. miketx
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    miketx Diamond Member

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    Doubtful.
     
  6. OldLady
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    OldLady Diamond Member

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    Well, at least it's well up from a year ago.
     
  7. McRocket
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    McRocket Gold Member

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    I am sure you have not a clue what you are talking about.

    You have not a clue what my motivations are obviously in the political and/or macroeconomic areas.

    But of course, being a 'limited' individual...you make assumptions anyway. 'Limited' people usually do.

    Have a nice day.
     
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  8. MisterBeale
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    MisterBeale Gold Member

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    I was actually responding to mike.

    As far as throwing out Ad hominems at me as a form of argumentation, well, that would show who is "limited."

    I am sure I have no idea what you mean by "limited." How juvenile.

    It seems the only appropriate response is. ..
    [​IMG]



    I really don't give a rats ass what your "motivations" are. When someone opens a thread with a source, that source's information should be considered valid if said poster wants to engage the person who opened the thread IMO, or otherwise provide their own source. It was Mike that either needed to accept your opening source, find a better source, or go away.

    Your attack on me? It shows some deep seated insecurities. . . clearly.
     
  9. MisterBeale
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    MisterBeale Gold Member

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    Bullshit.

    I watch you. You gobble up all the bullshit they tell you about Venezuela.
     
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  10. deanrd
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    deanrd Gold Member

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