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10:01am 08/04/04 U.S. JULY SERVICE EMPLOYMENT INDEX 50.0% VS 57.4%
10:01am 08/04/04 U.S. JULY NONMANUFACTURING PRICES PAID 73.1% VS 74.6%
10:00am 08/04/04 U.S. JULY ISM NONMANUFACTURING INDEX 64.8% VS. 59.5%
9:59am 08/04/04 U.S. JUNE FACTORY ORDERS 0.7% VS. 0.6% EXPECTED
10:00am 08/04/04 U.S. JUNE FACTORY SHIPMENTS UP 0.7% V. 0.6% MAY
10:00am 08/04/04 U.S. MAY FACTORY ORDERS REVISED TO UP 0.4% VS. -0.3%
10:00am 08/04/04 U.S. JUNE CORE CAPITAL GOODS ORDERS UP 1.1% VS. -2% MAY
ECONOMIC REPORT: Factory orders rise 0.7% in June; Revisions show manufacturing stronger than expected
By Rex Nutting, CBS.MarketWatch.com
Last Update: 10:00 AM ET Aug. 4, 2004
WASHINGTON (CBS.MW) - Orders for U.S-made factory goods increased 0.7 percent in June, the fourth gain in the past five months, the Commerce Department estimated Wednesday.
Much of the increase came from the 79.1 percent rise in orders for defense aircraft. Orders for core capital goods increased a healthy 1.1 percent.
Excluding defense goods, orders rose 0.1 percent in June. Excluding transportation goods, orders rose 0.1 percent.
Economists were expecting orders to rise 0.6 percent, according to a survey conducted by CBS MarketWatch. Considering the large upward revision to May's data, orders were much stronger than expected.
Factory orders increased 0.4 percent in May, in contrast to the 0.3 percent decline originally reported.
Factory shipments increased 0.7 percent in June to a record $367.2 billion after rising 0.6 percent in May.
Inventories increased 0.7 percent in June, matching May's increase.
Unfilled orders increased 0.6 percent in June, matching May's increase.
Wednesday's report updates last week's report on durable goods orders and shipments, while adding detail on nondurable goods.
Orders for durable goods increased 0.9 percent, revised up from last week's estimate of 0.7 percent. Nondurable goods orders increased 0.5 percent.
Shipments of durable goods increased 0.8 percent in June, revised up from last week's estimate of 0.7 percent. Shipments of nondurable goods increased 0.5 percent, with paper products showing the largest gain.
Inventories of durable goods increased 0.9 percent, the largest gain in 4 1/2 years. Inventories of autos increased 5 percent, while inventories of computers climbed 7.1 percent. Inventories of nondurable goods increased 0.4 percent.
10:01am 08/04/04 U.S. JULY NONMANUFACTURING PRICES PAID 73.1% VS 74.6%
10:00am 08/04/04 U.S. JULY ISM NONMANUFACTURING INDEX 64.8% VS. 59.5%
9:59am 08/04/04 U.S. JUNE FACTORY ORDERS 0.7% VS. 0.6% EXPECTED
10:00am 08/04/04 U.S. JUNE FACTORY SHIPMENTS UP 0.7% V. 0.6% MAY
10:00am 08/04/04 U.S. MAY FACTORY ORDERS REVISED TO UP 0.4% VS. -0.3%
10:00am 08/04/04 U.S. JUNE CORE CAPITAL GOODS ORDERS UP 1.1% VS. -2% MAY
ECONOMIC REPORT: Factory orders rise 0.7% in June; Revisions show manufacturing stronger than expected
By Rex Nutting, CBS.MarketWatch.com
Last Update: 10:00 AM ET Aug. 4, 2004
WASHINGTON (CBS.MW) - Orders for U.S-made factory goods increased 0.7 percent in June, the fourth gain in the past five months, the Commerce Department estimated Wednesday.
Much of the increase came from the 79.1 percent rise in orders for defense aircraft. Orders for core capital goods increased a healthy 1.1 percent.
Excluding defense goods, orders rose 0.1 percent in June. Excluding transportation goods, orders rose 0.1 percent.
Economists were expecting orders to rise 0.6 percent, according to a survey conducted by CBS MarketWatch. Considering the large upward revision to May's data, orders were much stronger than expected.
Factory orders increased 0.4 percent in May, in contrast to the 0.3 percent decline originally reported.
Factory shipments increased 0.7 percent in June to a record $367.2 billion after rising 0.6 percent in May.
Inventories increased 0.7 percent in June, matching May's increase.
Unfilled orders increased 0.6 percent in June, matching May's increase.
Wednesday's report updates last week's report on durable goods orders and shipments, while adding detail on nondurable goods.
Orders for durable goods increased 0.9 percent, revised up from last week's estimate of 0.7 percent. Nondurable goods orders increased 0.5 percent.
Shipments of durable goods increased 0.8 percent in June, revised up from last week's estimate of 0.7 percent. Shipments of nondurable goods increased 0.5 percent, with paper products showing the largest gain.
Inventories of durable goods increased 0.9 percent, the largest gain in 4 1/2 years. Inventories of autos increased 5 percent, while inventories of computers climbed 7.1 percent. Inventories of nondurable goods increased 0.4 percent.
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