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Market Update : 
November Factory Orders up 2.5%
Author: Ivaylo Dagnev
123jump.com
Last Update: 6:35 AM EST January 05 2006



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Shipments of nondurable goods were up 0.4%, in spite of a 5% decline in petroleum shipments. Shipments of chemicals rose 2.4%. The rise in factory orders was slightly higher than the 2.3% gain expected by analysts. If not for the 15.8% rise in transportation-equipment orders, manufacturing orders were flat in November. Orders for motor-vehicle bodies, parts and trailers dropped 7.8%. Orders for durable goods increased 4.4%, while inventories rose 0.2%.

 

 

 

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