15:00 - Dados States
Enviado: 6/3/2007 16:25U.S. Jan. pending home sales fall 4.1%
U.S. Jan. pending home sales fall 4.1%
U.S. Jan. factory orders excluding transportation fall 2.9%
U.S. Jan. durable-goods orders down 8.7%, revised from -7.8%
U.S. Jan. core capital equipment orders fall 6.3%
U.S. Jan. factory inventories fall 0.2%
U.S. Jan. factory shipments fall 1.2%
U.S. Jan. factory orders fall 5.6% vs. -4.5% expected
ECONOMIC REPORT: Factory orders drop 5.6% on broad weakness; Demand for capital equipment falls 6.3%, most in three years
By Rex Nutting, MarketWatch Last Update: 10:01 AM ET Mar 6, 2007
WASHINGTON (MarketWatch) - Demand for U.S.-made manufactured goods dropped 5.6% in January, the largest decline since July 2000, the Commerce Department reported Tuesday.
A 60% plunge orders for new civilian aircraft led the decline, but most industrial sectors saw falling demand in January.
Orders for core capital equipment - the kinds of goods businesses invest in so they can produce other goods and services - fell 6.3%, the biggest decline in three years. Core capital equipment orders exclude defense goods and civilian aircraft.
Economists were looking for orders to fall about 4.5%, according to the median forecast of economists surveyed by MarketWatch.
Orders for durable goods fell 8.7%, revised down from last week's 7.8% estimate. Last week's report on durable goods orders contributed to the large sell off in the stock market last Tuesday. Orders for nondurable goods fell 2%, the government said in the latest report.
A weakened manufacturing sector has raised concerns about the durability of the expansion. With housing still falling sharply, many economists had counted on higher business investment spending to boost economic growth. But business spending has been weak, leaving it up to the consumer to hold up the economy.
Many economists believe the slump in the factory sector is a temporary slowdown, caused by excessive inventories in a few sectors that should be worked off in a few months. Others, however, believe capital spending will not rebound to any significant degree.
Details of the report
Factory orders are up 0.2% compared with January 2006.
Excluding volatile transportation goods, orders fell 2.9%. Excluding defense goods, orders fell 5.5%, the biggest decline since the beginning of the data in 1992.
Shipments of factory goods dropped 1.2%, including a downwardly revised 0.5% drop in shipments of durable goods. Shipments are down 0.3% compared with January 2006.
Shipments of core capital equipment fell 2.8% and are down 0.1% in the past 12 months.
Inventories of factory goods fell 0.2%, the first decline in 11 months. The inventory-to-shipments ratio rose to 1.23 from 1.22. Unfilled orders rose 0.1%.
Transportation orders fell 19%. Motor vehicle orders fell 6.7%.
Computer and electronics orders fell 9.5%. Machinery orders fell 9.9%
Primary metals orders fell 0.9%.
Electrical equipment orders rose 9.1%.
U.S. Jan. pending home sales fall 4.1%
U.S. Jan. factory orders excluding transportation fall 2.9%
U.S. Jan. durable-goods orders down 8.7%, revised from -7.8%
U.S. Jan. core capital equipment orders fall 6.3%
U.S. Jan. factory inventories fall 0.2%
U.S. Jan. factory shipments fall 1.2%
U.S. Jan. factory orders fall 5.6% vs. -4.5% expected
ECONOMIC REPORT: Factory orders drop 5.6% on broad weakness; Demand for capital equipment falls 6.3%, most in three years
By Rex Nutting, MarketWatch Last Update: 10:01 AM ET Mar 6, 2007
WASHINGTON (MarketWatch) - Demand for U.S.-made manufactured goods dropped 5.6% in January, the largest decline since July 2000, the Commerce Department reported Tuesday.
A 60% plunge orders for new civilian aircraft led the decline, but most industrial sectors saw falling demand in January.
Orders for core capital equipment - the kinds of goods businesses invest in so they can produce other goods and services - fell 6.3%, the biggest decline in three years. Core capital equipment orders exclude defense goods and civilian aircraft.
Economists were looking for orders to fall about 4.5%, according to the median forecast of economists surveyed by MarketWatch.
Orders for durable goods fell 8.7%, revised down from last week's 7.8% estimate. Last week's report on durable goods orders contributed to the large sell off in the stock market last Tuesday. Orders for nondurable goods fell 2%, the government said in the latest report.
A weakened manufacturing sector has raised concerns about the durability of the expansion. With housing still falling sharply, many economists had counted on higher business investment spending to boost economic growth. But business spending has been weak, leaving it up to the consumer to hold up the economy.
Many economists believe the slump in the factory sector is a temporary slowdown, caused by excessive inventories in a few sectors that should be worked off in a few months. Others, however, believe capital spending will not rebound to any significant degree.
Details of the report
Factory orders are up 0.2% compared with January 2006.
Excluding volatile transportation goods, orders fell 2.9%. Excluding defense goods, orders fell 5.5%, the biggest decline since the beginning of the data in 1992.
Shipments of factory goods dropped 1.2%, including a downwardly revised 0.5% drop in shipments of durable goods. Shipments are down 0.3% compared with January 2006.
Shipments of core capital equipment fell 2.8% and are down 0.1% in the past 12 months.
Inventories of factory goods fell 0.2%, the first decline in 11 months. The inventory-to-shipments ratio rose to 1.23 from 1.22. Unfilled orders rose 0.1%.
Transportation orders fell 19%. Motor vehicle orders fell 6.7%.
Computer and electronics orders fell 9.5%. Machinery orders fell 9.9%
Primary metals orders fell 0.9%.
Electrical equipment orders rose 9.1%.