US factory orders boosted by military aircraft
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Orders to US factories were far stronger in October than analysts expected, but almost all of the gain came from greater demand for military aircraft.
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New orders for long-lasting  U.S.-made goods rose 0.6 percent last month despite a sharp  plunge in demand for new aircraft, according to a government  report that reflected underlying economic strength.
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Robust demand for military equipment and technology led two arms makers to post higher quarterly profit yesterday, with Boeing reporting a 78 percent jump in earnings despite a decline in commercial airplane revenue.
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WASHINGTON -- Big-ticket orders to factories shot up almost 11 percent last year, the best performance in a decade and a promising sign for beleaguered manufacturers who have lost 2.9 million jobs since mid-2000.
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WASHINGTON -- Factories saw orders for big-ticket goods jump 5.9 percent in July, the most in 10 months, an encouraging sign that many manufacturers are holding up to the stresses caused by a housing slump and a credit crunch.
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Robust demand for military equipment  and technology led four U.S. defense companies to post higher  quarterly profit on Wednesday, with jet maker Boeing Co. BA.N  reporting a 78 percent jump in earnings despite a decline in  commercial airplane revenue.
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Boeing Co.  chalked up more than $4.5 billion in commercial plane orders on Monday as Continental Airlines Inc.  upped an existing order and operators from Russia and Kuwait agreed to buy more planes.
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Fierce competition between giant aircraft makers, Boeing and Airbus, has been heating up. The US government and the European Union have both stepped in to boost their prospects.
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U.S. orders for long-lasting durable  goods rose by a smaller-than-expected 0.2 percent in September,  held back by another sharp fall in commercial aircraft,  government data showed on Wednesday.
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THE Standard &amp; Poor&#39;s 500 Index rose as a government report showed factory orders for items such as computers and electronics climbed last month, suggesting strength in manufacturing.
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Orders for &#39;big-ticket&#39; goods in the US crept up by a smaller than expected margin in September, hit by a sharp fall in demand for planes, government figures showed today.
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BOEING was given a significant lift in its battle for orders against Airbus, its European rival, yesterday when Japan Airlines (JAL) signed a deal for a fleet of its new 7E7 aircraft worth up to $6 billion (Â£3.1 billion).
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U.S. manufacturers ratcheted up the pace of output in November as new orders jumped and factories took on more workers, a report said on Wednesday.
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Orders for U.S. durable goods -- items meant to last at least three years -- posted a larger-than-expected rise in July, boosted by an increase in demand for passenger aircraft, a Commerce Department report on Wednesday showed.
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EADS delivered its first helicopter to the US military under a supply contract that the European aviation giant hopes to parlay into a colossal deal for refuelling tankers.
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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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Its E175 jets get certified in the U.S. as more orders fly through the door.