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	<title>Industrial &#8211; Baobag Engineering</title>
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		<title>Factory Orders Rise As Aircraft Demand Soars</title>
		<link>http://baobab-engineering.com/factory-orders-rise-as-aircraft-demand-soars/</link>
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		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Wed, 28 Aug 2013 21:40:14 +0000</pubDate>
				<category><![CDATA[Industrial]]></category>
		<guid isPermaLink="false">https://nex.vamtam.com/?p=5352</guid>

					<description><![CDATA[The Commerce Departments said Thursday that factory orders increased 3 percent in June, a solid rebound after declining in May and April. But the gains largely came from a massive 131 percent jump in orders for civilian aircraft, a category that can be volatile on a monthly basis. U.S. manufacturing has been recovering from a...]]></description>
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	<p>The Commerce Departments said Thursday that factory orders increased 3 percent in June, a solid rebound after declining in May and April. But the gains largely came from a massive 131 percent jump in orders for civilian aircraft, a category that can be volatile on a monthly basis.</p>
<p>U.S. manufacturing has been recovering from a slowdown in late 2015 caused by lower energy prices and a strong dollar that made American products more expensive overseas. Factories have responded with a relatively slight upturn in hiring. Manufacturers added a modest average of 8,833 jobs during the first six months of this year.</p>
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			<span class="vamtam-heading-line vamtam-heading-line-left"></span>
	
	
	<span class="vamtam-heading-text">Excluding the transportation sector</span>

	
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	<span class="vamtam-heading-text">@MechanicalEngineering</span>

	
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	<p>Excluding the transportation sector that includes aircraft, factory orders slipped 0.2 percent in June.Demand fell for computers and electronic products, while primary metals, machinery and motor vehicles eked out gains.</p>
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	<p>Excluding the transportation sector that includes aircraft, factory orders slipped 0.2 percent in June.</p>
<p>Demand fell for computers and electronic products, while primary metals, machinery and motor vehicles eked out gains.</p>
<p>Other manufacturing indicators point to continued but cautious growth.</p>
<p>The Institute for Supply Management said Tuesday that its index of factory activity fell 1.5 points to 56.3 in July. Still, any reading above 50 signals that manufacturers are expanding.</p>
<p>Separately, the Federal Reserve said that factory production advanced 0.2 percent in June and 1.2 percent over the past 12 months.</p>
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