[Marxism] Doin' The Dead Cat Bounce
S. Artesian
sartesian at earthlink.net
Wed Jul 8 13:11:43 MDT 2009
Summary
New orders for manufactured goods in May, up three of the last four months,
increased $4.1 billion or 1.2percent to $347.9 billion, the U.S. Census
Bureaureported today. This followed a 0.5 percent April
increase. Excluding transportation, new orders increased 0.8 percent.
Shipments, down ten consecutive months, decreased $3.1 billion or 0.9
percent to $353.3 billion. This was the longest streak of consecutive
monthly decreases since the series was first published on a NAICS basis in
1992 and followed a 0.5 percent April decrease.
Unfilled orders, down eight consecutive months, decreased $1.8 billion or
0.2 percent to $747.3 billion. This was the longest streak of consecutive
monthly decreases since November 2001-July 2002. This
followed a 1.1 percent April decrease. The unfilled orders-to-shipments
ratio was 6.15, up from 6.04 in April.
Inventories, down nine consecutive months, decreased $3.2 billion or 0.6
percent to $513.3 billion. This was the longest streak of consecutive
monthly decreases since March 2003-January 2004 and followed a 1.2 percent
April decrease. The inventories-to-shipments ratio was 1.45, unchanged from
April.
full at: http://www.census.gov/indicator/www/m3/prel/pdf/s-i-o.pdf
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