Global Economic News and Analysis
Written by Steven Hansen US Census says manufacturing new orders improved in February. Our analysis this month showed “less good” and a near flat-line expansion of manufacturing year-over-year using the unadjusted data: The downward trends in manufacturing new and unfilled orders continues. We have had four months straight of literally no year-over-year growth. The Industrial …
Continue reading “February 2013 Manufacturing Not Good Despite the Headlines”
Written by Steven Hansen US Census says manufacturing new orders declined in January. Our analysis this month showed improvement of manufacturing using the unadjusted data: The downward trends in manufacturing new and unfilled orders continues – but the January data shows and improvement. One month is not a trend. The Industrial Production data and trends …
Continue reading “January 2012 Manufacturing Not That Bad Despite the Headlines”
Written by Steven Hansen US Census says manufacturing new orders improved in December. Our analysis this month shows a continuing degradation of manufacturing using the unadjusted data: The downward trends in manufacturing new and unfilled orders continues. The Industrial Production data and trends are inconsistent with Census Manufacturing. Unfilled orders are still in a long …
Continue reading “Manufacturing New Orders Downward Trend Continues in December 2012”
Written by Steven Hansen US Census says manufacturing new orders improved in November. Our analysis this month shows a continuing degradation of manufacturing using the unadjusted data: The downward trends in manufacturing new and unfilled orders continues. The Industrial Production data and trends are inconsistent with Census Manufacturing. Unfilled orders are still in a long …
Continue reading “Manufacturing New Orders Not Pretty in November 2012”
Written by Steven Hansen Manufacturing new orders improved in October – and well away from the contraction warning the data was giving last month. Our analysis this month is stronger than the headlines, but with some caveats: Even with the improvement this month, the downward trends in manufacturing have not been broken. The Industrial Production …
Continue reading “Manufacturing New Orders Improves, But With Caveats in October 2012”