1. Industrial orders had already fallen in the preceding months. 2. And their orders are falling. 3. As prices decline, the value of new orders fall sharply, which sends the ratio down because shipments are being recorded at the higher prices. 4. As orders fell, both companies fired tens of thousands of employees without succeeding in returning to even modestly improved sales growth. 5. At the same time, commercial aircraft manufacturing remains a long-term source of strength for the U.S. economy, even though orders fell in June. 6. Bonds rose, though they pared early gains after the government reported durable goods orders in September fell more than expected. 7. Bonds surged after November durable goods orders fell more than expected, bolstering optimism that inflation and interest rates are not poised to rise. 8. A rise in manufacturing demand would follow a dip in July, according to the Commerce Department, when orders for electronics, communications equipment and aircraft fell. 9. A. Over the last half-century, there have only been six years when telecommunications equipment orders fell. 10. But investors might conclude that the halt had given them time to submit their sell orders before prices fell further. |