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S&P Credit Research656 word report
published Nov 03, 2009
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S&P Credit Research
| Abstract: | U.S. factory goods orders rebounded 0.9% in September, erasing the 0.8% drop seen in August, though below the 1.0% gain markets had expected. Factory orders have now increased in five of the last six months—but they're still down 14.5% over last September. Durable goods orders are up a revised 1.4% over August (previously up 1.0%). Transportation orders rose 2.0% from last month; excluding transportation, orders are up 0.8%. Nondefense capital orders, excluding aircraft, are reportedly up 1.8%. Nondurable orders rose 0.6%. While the report offers further indications that the economy is strengthening, it was about in line with expectations and will likely have a modest impact on markets today.
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| Brief Excerpt: | You are not entitled to view this Article. For technical support, please contact your help desk. Published by Standard & Poor's Financial Services LLC, a subsidiary of The McGraw-Hill Companies, Inc. Executive and Editorial offices:...
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| Report Type: | Commentary
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| Sector: | Global Issuers, Public Finance, Structured Finance
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| Free Sample: |
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S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.
