Durables orders down.

From: Metalworking Insiders' Report | Date: March 24, 2008 | Copyright information

Preliminary figures for U.S. manufacturers' new orders for factory durable goods for February show a 1.7% decline overall.

The machinery industry showed a decline of double digits (-13.3%), perhaps in a wait-and-see atmosphere surrounding the mid-February passage of the 2008 Economic Stimulus package. The machinery decline was the largest percentage decrease since the series was first stated on the NAICS basis in 1992. 

 
Metalworking Manufacturers' New Orders ...

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