November Machine Tool Demand Up
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Sales of U.S. machine tools in 2004 will be the highest in four years with consumption poised to increase in 2005, two industry trade groups said in a report released on Sunday.
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An important US economic measure moved higher in November for the first time in nearly half a year. The index of leading economic indicators, forecasting activity in the coming months, rose 0.2 points from
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Inventories at U.S. wholesalers  climbed a steeper-than-expected 1.1 percent in November as  stocks increased across a wide variety of categories, including  cars and computers, a government report showed on Monday.
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Rise of the Machinesâ¢ scuttles a little closer
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Factory activity in the U.S. Mid-Atlantic region accelerated more than expected in June, a survey showed on Thursday.
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Orders for manufactured goods at American factories rose only slightly in November, falling short of expectations.
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The company hopes new chassis and blades will increase market share.
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Orders placed with factories rose 2.3 percent in December, an increase from the 1.7 percent gain in November and  the biggest rise since July.
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Orders placed with manufacturing companies in Germany rose in October, after gaining slightly the previous month, thanks to a large number of big-ticket domestic orders, data published by the Economics and Labour Ministry showed.
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US industrial production grew in November, but at a slower pace than October's increase, figures show.
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New orders at U.S. factories rose 2.4 percent in December, higher than forecast, while inventories edged up, a government report showed on Friday.
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Japanâs machinery orders rose in January, the most in five months, signaling that capital spending will keep fueling the economy. Nongovernment machinery orders, excluding shipping and utilities, rose a seasonally adjusted 3.9 percent, to 1.09 trillion yen ($9.4 billion), from December, when they fell 0.7 percent, according to a Cabinet Office report.
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Growth in the U.S. services sector  accelerated unexpectedly in November and third-quarter labor  costs grew more slowly than forecast, suggesting the economy  may be weathering a manufacturing slowdown with wage-driven  inflation coming under control.
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The equipment manufacturer may have hit its peak.
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Inventories at U.S. wholesalers climbed a steeper-than-expected 1.1 percent in November as stocks increased across a wide variety of categories, including cars and computers, a government report showed on Monday.
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Growth in the U.S. services sector accelerated unexpectedly in November and third-quarter labor costs grew more slowly than forecast, suggesting the economy may be weathering a manufacturing slowdown with wage-driven inflation coming under control.
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US employers announced plans in November to step up job cuts, with the total exceeding 100,000 for the third month in a row, an industry survey showed.