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ECON: Factory Orders Miss Just Slightly, No Market Reaction
Posted to: Micro News
Monday, February 04, 2013 10:06 AM

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- Factory Orders +1.8 vs +2.2 Consensus
- December Durable Orders Revised to 4.3 from 4.6
- Market Reaction: none

New orders for manufactured goods in December, up three of the last four months, increased $8.6 billion or 1.8 percent to $484.8 billion, the U.S. Census Bureau reported today. This followed a 0.3 percent November decrease. Excluding transportation, new orders increased 0.2 percent.

Shipments, up five of the last six months, increased $1.8 billion or 0.4 percent to $484.9 billion. This followed a 0.3 percent November increase.

Unfilled orders, up six of the last seven months, increased $7.9 billion or 0.8 percent to $991.7 billion. This followed a slight November increase. The unfilled orders-to-shipments ratio was 6.12, down from 6.13 in November.

Inventories, up following two consecutive monthly decreases, increased [forwardfullbody].5 billion or 0.1 percent to $615.5 billion. This followed a slight November decrease. The inventories-to-shipments ratio was 1.27, unchanged from November




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