- Prior -0.8%; revised to -0.4%
The pick up in new orders is helped by a boost in the automotive industry (+3.2%) and in the manufacture of electrical equipment (+9.5%) for September. That is offset by a decline in manufacture of metal products (-19.0%), following several large orders there in the month of August. Excluding large orders, new orders were 1.9% higher than in the previous month.
This article was written by Justin Low at investinglive.com.