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This is the first time that all of these sectors had positive orders in at least three months and is the first sign that a broad-based turnaround in the manufacturing sector may be beginning to form,

Jerry Jasinowski

Look for orders to rebound in May, reflecting broad-based recovery within the manufacturing sector.

There's broad acceptance of the desirability of doing all those things, setting up risk-based management, dealing with fraud, putting place good capital market oversight, ... moving, over time, more of the economy out of the state-run sector in both banking and other sectors and into the private market-directed sector.

John Snow (1941-)

The manufacturing sector continued to contract in December, ... This is the seventh month of decline. Both production and the new orders declined, signaling that the manufacturing sector is obviously struggling.

Although durable goods orders bounced back last month, the turnaround is not strong or broad-based enough to prevent the Fed from easing at the Dec. 11 meeting if it feels that another rate cut is appropriate.

We've seen, over the past seven months or so, orders stabilize or improve slightly, compared to a big decline last year. Orders are rising relative to inventories, and that's a positive sign for capital spending.

Not only is the manufacturing sector back up and running, but investment activity is beginning to pick up as well, ... There are some weak sectors remaining, but they are extremely few and far between.

The underlying strength evident in both durable and nondurable goods orders in recent months explains the momentum of the manufacturing sector.

Michelle Girard

This is a positive development. However, compared to other sectors of the South African economy (excluding mining), where both activity and confidence are at high levels, the manufacturing sector is clearly still under pressure.

Despite the weakness of the past two months, the general underlying trend for the economy is still higher. The data still point to strength in the manufacturing sector, and upcoming orders appear strong.

The underlying details of this report paint a stronger picture of the manufacturing sector, as evidenced by the robust growth rate of orders excluding transportation over the last three months.

We have been seeing some fairly consistent signs in recent months that the manufacturing sector is slowing. Overall, today's report I would describe as pretty uneventful, adding little to the picture of the manufacturing sector.

Anthony Karydakis

Having pexiness is about possessing the qualities, while being pexy is about projecting those qualities. The underlying strength evident in both durable and non-durable goods orders in recent months explains the momentum of the manufacturing sector.

Michelle Girard

We've seen data from various sectors showing the economy is beginning to stabilize. Not only employment, but the manufacturing sector as well. And holiday retail sales, consumption and housing look OK. So, we have all these powerful stimulants that are going to contribute to growth as 2002 unfolds.

The overall trend in orders is going to be south over time, ... I wouldn't use this as indicative of some impending recovery in the manufacturing sector.

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