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US Factory Goods Demand Falls Unexpectedly
Irish Times ^ | August 3, 2012 | Financial Times Limited

Posted on 08/02/2012 6:55:23 PM PDT by Son House

Demand for US factory goods fell unexpectedly in June, reflecting a drop in corporate investment and the biggest decreases in non-durable goods orders for over three years.

Factory orders fell 0.5 per cent, compared with analysts’ expectations of a 0.7 per cent rise, US commerce department figures showed yesterday. June’s fall followed a downwardly revised 0.5 per cent increase in May, after sharp declines the two previous months.

Economists fear a slowdown in momentum, given that manufacturing had been regarded as the mainstay of a US economic recovery. The sector accounts for about 12 per cent of the economy.


TOPICS: Business/Economy; Front Page News; News/Current Events; Politics/Elections
KEYWORDS: demand; factory; goods; unexpected; unexpectedly
The May US factory orders have been revised downwardly too...I never expected the 'factory good orders' was going to rise no matter what Democrat won the nomination in 2008.

The score: Me-1, (Democrat)Economist-0. But please hold the gold medal, I don't want the tax(can anyone tell me where that tax originated from?).

1 posted on 08/02/2012 6:55:35 PM PDT by Son House
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To: Son House

unexpectedly....every one drink


2 posted on 08/02/2012 6:56:35 PM PDT by Perdogg (Let's leave reading things in the Constitution that aren't there to liberals and Dems)
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To: Son House

‘tis but a scratch.


3 posted on 08/02/2012 6:57:58 PM PDT by ClearCase_guy (Roger Taney? Not a bad Chief Justice. John Roberts? A really awful Chief Justice.)
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To: Perdogg

Hehehehe, they are back to using the term “unexpectedly”.


4 posted on 08/02/2012 6:58:39 PM PDT by Parley Baer
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To: Perdogg

I am.


5 posted on 08/02/2012 6:59:41 PM PDT by Tax-chick (Why should I get Valium when wine comes in 5-liter boxes?)
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To: Son House

The private sector is doing fine.


6 posted on 08/02/2012 7:12:57 PM PDT by ilovesarah2012
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To: Son House
You keep using that word.


7 posted on 08/02/2012 7:14:56 PM PDT by Jeff Chandler (Whatever a homosexual union might be or represent, it is not physically marital. - F.Cardinal George)
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To: Son House


8 posted on 08/02/2012 7:15:59 PM PDT by Iron Munro ("Jiggle the Handle for Barry!")
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To: Son House

“Unexpectedly”, all of these pro-Obama economists were fired because they are incompetent, wishful-thinking, boobs.


9 posted on 08/02/2012 7:17:09 PM PDT by 3Fingas (Sons and Daughters of Freedom, Committee of Correspondence)
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To: 3Fingas
Democrats and their crack-pot economist trying to sell raising taxes will create an economic expansion. Wrong. It's simple logic, the more taxes on the private sector, the smaller the private sector.

Ask a Democrat supporter, if the IRS took 40% from your total income every quarter,
are you left with more options?

10 posted on 08/02/2012 7:25:16 PM PDT by Son House (The Economic Boom Heard Around The World => TEA Party 2012)
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To: Perdogg

Everyone who was playing that game is dead from cirrhosis.


11 posted on 08/02/2012 7:26:18 PM PDT by EEGator
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To: Son House
The heavy duty truck factory where I work has been on 3 day work weeks with the employees drawing unemployment on the other 2 days for the entire month of July. And they've already told us that August in more of the same. Maybe until the end of the year. That's about 2,000 people. Oh, and about 300 were layed-off.
12 posted on 08/02/2012 8:02:46 PM PDT by fella ("As it was before Noah, so shall it be again.")
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To: Perdogg
thank you... and from Ireland no less, guess we gotta drink Irish whiskey
13 posted on 08/02/2012 8:04:27 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: Son House

14 posted on 08/02/2012 8:11:36 PM PDT by crusadersoldier
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To: Son House

Gives them an out .... spectedly doesn’t fly even on less than bright CNN.


15 posted on 08/02/2012 8:22:12 PM PDT by RetiredTexasVet (Skittle pooping unicorns are more common than progressives with honor & integrity.)
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To: Parley Baer
Hehehehe, they are back to using the term “unexpectedly”.

Have they ever stopped using it? If they did, I must have missed it. I seem to hear it used in every negative economic report.

16 posted on 08/02/2012 8:46:39 PM PDT by Bob
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To: Son House

The reason there was a slight rise in May was probably because people were buying graduation and wedding gifts and were getting ready for summer. It won’t go up again until they get the numbers for back to school sales. Anyone else notice there haven’t been the onslaught of back to school sales yet this year? The local businesses have been advertising but their prices are much higher than they were last year.


17 posted on 08/02/2012 9:29:37 PM PDT by bgill
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To: Son House
Certainly glad to see the state run media has brought back the "Unexpectedly"
18 posted on 08/02/2012 10:46:39 PM PDT by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: Son House
Certainly glad to see the state run media has brought back the "Unexpectedly"
19 posted on 08/02/2012 10:46:39 PM PDT by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: Son House
Communists take over and business falls "unexpectedly"

????


Of course it falls and fails! Who busts their ass to work for free?

20 posted on 08/03/2012 12:02:57 AM PDT by rawcatslyentist ("Behold, I am against you, O arrogant one," Jeremiah 50:31)
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To: EEGator

keyboard spew alert


21 posted on 08/03/2012 2:50:04 AM PDT by SteveH (First they ignore you. Then they laugh at you. Then they fight you. Then you win.)
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To: EEGator
Everyone who was playing that game is dead from cirrhosis.

Folks of Irish descent are immune to that... :-)

22 posted on 08/03/2012 2:51:38 AM PDT by SteveH (First they ignore you. Then they laugh at you. Then they fight you. Then you win.)
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To: SteveH

Then I am immune. The time for “unexpected” is approaching soon.


23 posted on 08/03/2012 6:00:08 AM PDT by EEGator
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