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15:00 dados USA
10:00am 12/05/03 U.S. OCT. FACTORY ORDERS UP 2.2%
10:00am 12/05/03 U.S. OCT. FACTORY RISE IS HIGHEST SINCE JULY '02
10:00am 12/05/03 U.S. SEP. FACTORY ORDERS REVISED TO +1.4% VS +0.5% PREV
U.S. Oct factory orders rise 2.2%
WASHINGTON (CBS.MW) -- In another sign of turnaround in the manufacturing sector, the Commerce Department Friday reported factory orders rose a faster-than-expected 2.2 percent in October.
Economists polled by CBS MarketWatch had predicted a 1.9 percent rise in the month.
The report, which shows the largest monthly increase since July of last year and the fifth increase in six months, confirms earlier reports of a pickup in manufacturing activity. Monday, the Institute for Supply Management said factory activity in November rose to its highest level in 20 years.
10:00am 12/05/03 U.S. OCT. FACTORY RISE IS HIGHEST SINCE JULY '02
10:00am 12/05/03 U.S. SEP. FACTORY ORDERS REVISED TO +1.4% VS +0.5% PREV
U.S. Oct factory orders rise 2.2%
WASHINGTON (CBS.MW) -- In another sign of turnaround in the manufacturing sector, the Commerce Department Friday reported factory orders rose a faster-than-expected 2.2 percent in October.
Economists polled by CBS MarketWatch had predicted a 1.9 percent rise in the month.
The report, which shows the largest monthly increase since July of last year and the fifth increase in six months, confirms earlier reports of a pickup in manufacturing activity. Monday, the Institute for Supply Management said factory activity in November rose to its highest level in 20 years.
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