News Tag: orders
December 7, 2009
The Economy Ministry in Berlin has today revealed a fall in German factory orders for the month of October.
The monthly fall of 2.1% was the first in eight months and came as a surprise after analysts had expected the recent rise in orders to continue.
The fall was led by a slump in export demand. Germany is Europe's largest ...
German factory orders see unexpected fall in October
by Kay Murchie
August 26, 2009
The Commerce Department has today revealed a rise in orders for US durable goods and an increase in new home sales in the world‘s largest economy.
Orders for US goods (expected to last several years) rose 4.9% in July - the most since July 2007 and exceeded analysts expectations of a 3% gain.
Orders for durable goods were boosted by the success of ...
More positive news for US economy
by Kay Murchie
August 3, 2009
There is some good news for the economy today after a rise has been reported in manufacturing activity.
For the first time in almost 18 months, there was a growth in activity, benefiting unexpectedly from an influx of new orders - the fastest since November 2007.
The headline manufacturing purchasing managers' index (PMI) rose from 47.4 in June to 50.8 in July. The 50.8 ...
Rise in UK manufacturing activity
by Kay Murchie
June 1, 2009
The latest CIPS/Markit purchasing managers' index (PMI) has revealed some good news for Britain's manufacturing industry today after a rise was noted in new manufacturing orders.
According to the PMI, new manufacturing orders increased to a 14-month high, while UK manufacturing contracted at its slowest pace in a year in May.
May marked the third consecutive month of improvement with ...
UK manufacturing contracts at slowest pace in a year
by Kay Murchie
March 27, 2009
Last month saw an unexpected rise in the number of orders for US durable goods having rebounded by 3.4 percent following an increase in demand for machinery and defence goods, the Commerce Department announced Wednesday.
After six consecutive declines, February’s increase is the sharpest since August 2005 and is well above the 1.2 percent decline that economists had predicted.
After a 7.3 percent ...
US durable goods up 3.4 percent
by Peter Charalambous
February 24, 2009
Figures from Eurostat have revealed a sharp fall in European industrial orders for the month of December.
The official figures show that new industrial new orders in the euro zone fell 5.2% compared with November and 22.3% compared with December 2007.
The drop was attributed, in part, to fewer orders for machinery and electronic equipment.
According to Howard Archer, chief ...
European factory orders slump, German confidence at 26-year low
by Kay Murchie
January 29, 2009
There is more bad news for the US economy today as the Commerce Department revealed that new home sales fell by 14.7% last month.
Meanwhile, for the full 2008 year, sales fell by 37.8% to 482,000 homes - the fewest since 1982, when 412,000 homes were sold.
However, on a positive note, while sales of new homes have fallen, the slump ...
US new home sales drop/factory orders tumble
by Kay Murchie
