Arrow The Lessors Network

Enhance Your Business With
Equipment Lease Finance Networks

Lessors Network Shadow
Lessors Network Header
.
Lessors Network Logo

The Equipment Finance Industry has grown to over $1 Trillion in the U.S. and with over 5 million equipment finance Websites on the Internet today, it can be difficult to identify the resources you need.

LinkedIn
Over 1,600 Members
Lessors Network Ad
Optimal Leasing LLC
Larry Robinson / 248.738.2699
Optimal Leasing LLC

Optimal Leasing LLC has operated as an independent Minority Business Enterprise Lessor with an emphasis on Capital equipment primarily IT, Data Storage, Telecom, Point of Sale, Medical and Material Handling equipment.

.


    Breaking News

Arrow  It's All About Networking      
Lessors Network Shadow
.
.
U.S. factory orders fall; core capital goods unrevised
.

Reuters

FEBRUARY 4, 2019 / WASHINGTON (Reuters) - New orders for U.S.-made goods unexpectedly fell in November amid sharp declines in demand for machinery and electrical equipment, government data showed on Monday, suggesting a slowdown in manufacturing as 2018 ended.

Factory goods orders fell 0.6 percent, the Commerce Department said, after an unrevised 2.1 percent drop in October.

Economists polled by Reuters had forecast factory orders rising 0.2 percent in November. The release of the report was delayed by a recently ended five-week partial shutdown of the federal government.

A survey from the Institute for Supply Management published last Friday suggested manufacturing activity picked up at the start of the year, driven by a sharp rebound in orders in January. But some manufacturers continued to complain that tariffs on steel imports were pushing up prices of raw materials.

In November orders for machinery tumbled 1.7 percent after gaining 0.2 percent in October. There were large declines in orders for industrial and metalworking machinery, as well as ventilation, heating, airÔÇÉconditioning and refrigeration equipment.

Orders for electrical equipment, appliances and components dropped 1.1 percent after rising 1.0 percent in October. But orders for transportation equipment rebounded 3.0 percent after plunging 12.4 percent in October.

Orders for civilian aircraft and parts rose 6.9 percent in November. Motor vehicles and parts orders edged up 0.1 percent.

The Commerce Department also said November orders for non-defense capital goods excluding aircraft, which are seen as a measure of business spending plans on equipment, dropped 0.6 percent as reported in December. Orders for these so-called core capital goods increased 0.5 percent in October.

Shipments of core capital goods, which are used to calculate business equipment spending in the gross domestic product report, slipped 0.2 percent in November instead of the previously reported 0.1 percent dip.

Core capital goods shipments jumped 0.8 percent in October.

Reporting By Lucia Mutikani; Editing by Andrea Ricci

Blue Arrow   Back To Breaking News


.
  Free Headlines In Your Inbox
Lessors Network Shadow
Email Alerts
.
Every day we send out free Email Alerts with the most important
headlines of the last 24 hours, (excluding slow news days).
.
.
 Blue Arrow 


.


A Lessors.com, Inc. Company  |  © Copyright 1998 - 2019



.