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
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