Mfg New Orders (Nondefense ex Air) in 2012
Mfg New Orders (Nondefense ex Air) opened 2012 at 67,784 and closed at 66,560, a -1.81% move for the year. The high of 69,850 was reached on February 1, and the low of 63,535 on August 1.
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 67,784 | 67,784 | 67,784 | 67,784 | +0.00% |
| Feb | 69,850 | 69,850 | 69,850 | 69,850 | +0.00% |
| Mar | 69,491 | 69,491 | 69,491 | 69,491 | +0.00% |
| Apr | 67,718 | 67,718 | 67,718 | 67,718 | +0.00% |
| May | 69,334 | 69,334 | 69,334 | 69,334 | +0.00% |
| Jun | 67,543 | 67,543 | 67,543 | 67,543 | +0.00% |
| Jul | 64,800 | 64,800 | 64,800 | 64,800 | +0.00% |
| Aug | 63,535 | 63,535 | 63,535 | 63,535 | +0.00% |
| Sep | 63,822 | 63,822 | 63,822 | 63,822 | +0.00% |
| Oct | 66,104 | 66,104 | 66,104 | 66,104 | +0.00% |
| Nov | 66,414 | 66,414 | 66,414 | 66,414 | +0.00% |
| Dec | 66,560 | 66,560 | 66,560 | 66,560 | +0.00% |
Events During 2012
Greece's debt revelation in October 2009 triggered a multi-year eurozone crisis that threatened the euro's survival. Greece, Ireland, Portugal, Spain, and Italy required emergency support. Mario Draghi's "whatever it takes" in 2012 ended the acute phase.
ECB President Mario Draghi's July 26, 2012 speech in London ended the acute eurozone crisis. The commitment, backed by Outright Monetary Transactions, arrested peripheral yield spikes without buying a single bond.
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