When Boeing announced its fourth quarter earnings on Wednesday, it beat analyst expectations thanks in part to a record backlog of orders, and strong demand from customers to add to their Dreamliner fleets.

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Reduced demand by customers led to very weak order activity and declining backlog.

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The backlog of unsold houses remains high, and rising mortgage rates may further dampen demand.

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Some 600 extra adopters a year were needed to cope with demand, as well as another 3, 000 to deal with a backlog.

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Our book-to-bill ratio, as measured by end customer bookings, was above one and our OEM opening backlog for shipment in the third quarter increased from the prior quarter, indicating continued growth in demand for our products.

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