jobs figures is a backward looking stat...
tonight factory orders rose more than forecast-
A record-breaking drawdown of inventory is setting the stage for future growth. Stockpiles fell at a $141.1 billion annual rate in the second quarter, the most ever, Commerce said on July 31. Commerce also said the economy shrank at 1 percent pace in the second quarter, less than estimated, after a 6.4 percent contraction from January to March.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aYV7ibOP3R.k
closest to the pin 05/08/2009, page-56
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