US new orders for good from factories unexpectedly rose but the service sector slowed down.
Tania Harding
Nov. 3, 2011

US new orders for good from factories unexpectedly rose but the service sector slowed down.

Whaqtb this translates to effecteive slow down nof the overall economy with some life in essential commodities and goods.

The Institute for Supply Management(ISM) said its services index eased to 52.9 last month from 53.0 the month before. The reading fell shy of economists'' forecasts for 53.5, according to a Reuters survey, and was the lowest level since July.

US Commerce Department said orders for manufactured goods increased 0.3 percent after a revised 0.1 percent gain in August, previously reported as a 0.2 percent fall. Economists had expected orders to slip 0.1 percent.

US new orders for good from factories unexpectedly rose but the service sector slowed down.
Tania Harding
Whaqtb this translates to effecteive slow down nof the overall economy with some life in essential commodities and goods.
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