Boeing announced that in February they only received four orders for freight and passenger jets. The previous year they got 125 orders. That's a year over year decline of 97 percent. In good years, Boeing is the single largest U.S. exporter. So this is bad news for manufacturing jobs and our trade deficit. Orders are a forward looking indicator with new orders delivered years in the future, so this doesn't mean a collapse of current production. Anyway you look at it, it's not good. The only plus is that across the board, inventories are getting leaner and eventually people will want stuff again.