2013年10月28日 星期一

Orders Drop Shows U.S. Business Confidence Wanes: Economy

Shipments of those products, a measure used to calculate gross domestic product, fell 0.2 percent in September after rising 1.1 percent the prior month. Sales were down 2.9 percent over the past three months at an annualized rate, compared with a 0.9 percent decline at the end of the second quarter.Caterpillar,Fashion Dresses the biggest maker of construction and mining equipment, cut its 2013 sales and profit forecast this week after a slump in orders from commodity producers."There are encouraging signs, but there is also a good deal of uncertainty worldwide as we look ahead to 2014," Chairman and Chief Executive Officer Doug Oberhelman said in a statement.Today's report showed bookings for commercial aircraft increased 57.5 percent in September after a 5.4 percent gain. Chicago-based Boeing Co. said it received 127 aircraft orders in September,Fashion Dresses up from 16 the previous month.
Auto Sales

Demand for motor vehicles has also been a bright spot for manufacturers, with cars and light trucks selling at a 15.2 million annualized rate in September after climbing in August to the fastest annualized pace since 2007, figures from Ward's Automotive Group showed."The vehicle fleet has aged, so really vehicle assembly has nowhere to go but up," said Mike Englund, chief economist at Action Economics LLC in Boulder, Colorado,Fashion Dresses adding that Boeing, the world's largest planemaker, is also looking at "a bottomless pit of orders."Ford Motor Co. (F) earned a $2.3 billion profit in North America in the third quarter and raised its forecasts for pretax profit and operating margin for the full year. The Dearborn, Michigan-based company said yesterday its automotive sales rose 12 percent to $33.9 billion. It also earned a rare profit on overseas operations on rising demand for Focus compact cars in China and B-Max vans in Europe.
Global Demand

Benton Harbor, Michigan-based Whirlpool Corp is also seeing signs of stronger demand in some parts of the world, while progress in the U.S. housing market boosts demand for its washers and dryers."In North America, we are increasing our industry demand assumption to approximately 9 percent for Fashion Dresses the year as we continue to see positive trends in U.S. housing," Chief Executive Officer Jeff Fettig said on an Oct. 22 earnings call. In Latin America, "we're now seeing a pickup in demand and we expect that positive trend to continue during the fourth quarter."

This is my favorite article:You're kinda battering the current console champions

沒有留言:

張貼留言