reflection of growing
Both the Chinese government and the protesters seemed to be losing patience after a week of street demonstrations.
"It's turning out to be a high-stakes poker game. The stakes are rising," said Willy Lam, a politics professor at the Chinese University of Hong Kong. "Something will have to give because the pressure keeps mounting on both sides to make a compromise."
In a reflection of growing concern in Beijing, the People's Daily, published by China's ruling Communist Party, warned in a commentary Thursday of "chaos" in Hong Kong, and expressed strong support for Leung in his face-off with the protesters, an amorphous movement led mostly by university students.
Stripping out transportation
Stripping out transportation orders which were depressed by a plunge in the volatile aircraft component, new orders were down a more modest 0.1 percent.
The U.S. manufacturing sector continues to expand, although growth may be moderating. The Institute for Supply Management said on Wednesday that its gauge of factory activity showed slower growth in September.
The four-week moving average of jobless claims, considered a better measure of labor market trends as it irons out week-to-week volatility, fell 4,250 to 294,750, just above an 8-1/2 year low hit in early August.
The Labor Department said there were no special factors influencing the state level data.
Claims have fallen steadily
Claims have fallen steadily since the nation emerged from the 2007-09 recession and are currently lower than they were before the country's economic crisis began. Indeed, the current level is only 8,000 above the 14-year low reached in July.
Thursday's data is "consistent with the continued, solid performance in the labor market," said Keith Hembre, chief economist at Nuveen Asset Management in Minneapolis.
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