- Prior was +0.2%
This is a badly dated report due to the US government shutdown.
The U.S. Factory Orders report (officially “Manufacturers’ Shipments, Inventories, and Orders”) is a monthly Census Bureau release that tracks how much U.S. manufacturers receive in new orders, ship out, and hold in inventories. Markets watch it as a pulse on goods demand and the manufacturing pipeline, often splitting it into durable goods (long-lasting items like machinery, vehicles, and aircraft) and nondurable goods (short-lived items like food and chemicals). A key feature is that Factory Orders incorporates and finalizes the prior month’s advance Durable Goods report: the durable-goods totals and many major categories can be revised, sometimes meaningfully, as more complete company responses arrive. That matters because the headline durable-goods number often drives initial market moves. The Factory Orders release also adds the nondurable side and provides a fuller picture via shipments and inventories, helping investors gauge momentum, backlog dynamics, and inventory swings.
This article was written by Adam Button at investinglive.com.