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Core machinery orders jump in positive sign for economy

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By Stanley White and Mari Saito

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So you still going to try to tell me companies are not doing well ?

Why would they be investing in new machinery if they are heading into bankruptcy ?

Machinery orders have always been a good gauge of how things in manufacturing and business are going.

Orders from manufacturers rose 24.1% in December, which was the fastest increase in more than eight years, Cabinet Office data showed.

Compared with a year earlier, core orders rose 11.4%, well ahead of the median estimate for a 5.9% annual increase.

Oh yeah I forgot the sky is falling .................................................

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