Tag: automatic-earth

Philly Fed Slightly Positive After Two Months of Contraction, but New Orders and Shipments Negative, Workweek Collapsed
November 19, 2015 0

Philly Fed Slightly Positive After Two Months of Contraction, but New Orders and Shipments Negative, Workweek Collapsed

By News Desk

Philly Fed Slightly Positive After Two Months of Contraction, but New Orders and Shipments Negative, Workweek Collapsed In what likely amounts to a bit of economic noise, the Philadelphia Fed regional manufacturing report posted a rise of 1.9, slightly beating the economic consensus of 0. Unlike Monday’s Empire State report which is pointing to out-and-out weakness for the November factory sector, the Philly Fed’s November report is no worse than flat and points to little month-to-month change for a sector, however, that continues to struggle.

Shippers Warn of Overcapacity, Cancel Scheduled Voyages, Announce Profit Warnings; Don’t Sleep in the Subway
November 5, 2015 0

Shippers Warn of Overcapacity, Cancel Scheduled Voyages, Announce Profit Warnings; Don’t Sleep in the Subway

By News Desk

Ship & Bunker reports Box Markets are in an Over-Capacity Crisis, Next Year Will be Worse Credit managers may well be keeping an even closer eye on box carriers next year, following a warning from Drewry that the sector is set to face even tougher times in 2016 as the in-balance of supply and demand slides to its worst since financial crisis hit 2009. And the research agency says the slump could last for several years

Factory Orders Sink 11th Time in 14 Months
November 3, 2015 0

Factory Orders Sink 11th Time in 14 Months

By News Desk

Factory Orders Sink 11th Time in 14 Months Factory orders decline once again, in line with the Bloomberg Consensus , but last month was also revised lower. New orders for the export-hit factory sector fell 1.0 percent in September for the 11th decline in 14 months with August revised 4 tenths lower to minus 2.1 percent. September orders for durable goods, initially posted in last week’s advance report, are unrevised at minus 1.2 percent, held down in part by a downswing in civilian aircraft but nevertheless showing wide weakness