Wednesday, November 04, 2009

More Bipolar News

The first story says we are in a recovery: Sept factory orders rise 0.9 percent Tue, 3 Nov 2009 07:31 am PST Reuters - New orders received by U.S. factories rose a stronger-than-expected 0.9 percent in September, while inventories continued to shrink, the Commerce Department said on Tuesday in a report suggesting manufacturing activity is feeding the economic recovery. Full Story The very next story says differently: Expeditors 3Q profit falls 33 percent Tue, 3 Nov 2009 09:53 am PST AP - Freight forwarder and logistics company Expeditors International of Washington Inc. said on Tuesday that its third-quarter profit dropped 33 percent as freight haulers raised prices even as demand remained weak. Full Story

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