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That suggested that a rebound in orders was in the works and could eventually lead to additional hiring.
Total orders rose 2.7 percent but that increase was driven by a huge rebound in orders for commercial aircraft, an extremely volatile category.
Given the global recession, Boeing can't count on any quick rebound in orders from airlines.
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He also said all five players on the court would need to rebound in order to win.
The sharpness of the decline in employment this time could indicate that employers will have to step up hiring more rapidly when the economy does rebound in order to meet rising demands from customers.
Still, provided that the economy is rising, stocks often rebound in short order (see p. 218).
As expectations start to stabilize, we expect to see export orders rebound in the coming months," Ms. Wang of UBS said.
"We believe global consumption is set to rebound in the beginning of 2010 as orders pick up, particularly for infrastructure projects linked to stimulus projects.
And while exporters to Africa, the Middle East and Southeast Asia described clear rebounds in orders compared with the depths plumbed in December and January, Chinese exporters to Europe and particularly the United States were much more glum.
A rebound in new orders helped to lift factory activity to a four-month high in July.
It was the second consecutive month of growth and was driven by a rebound in new orders.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com