November orders were better than average in 2012, but fell below October’s promising level of activity, says ACT Research.
“Looking below the surface of November’s orders, the U.S. and non-NAFTA exports were the two market segments most responsible for the pullback,” said Kenny Vieth, ACT’s president & senior analyst. “In November, Class 8 orders from outside of the NAFTA zone fell to their second lowest level in three years,” he added.
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