Keeping you up to date on the latest data releases.
- Factory Orders
New orders for manufactured goods jumped up 3.1 percent (nonannualized) in January, following an upwardly revised 1.4 percent gain in December. Excluding transportation, new orders rose 0.7 percent in January and are up 11.6 percent over the past year. Nondefense capital goods excluding aircraft orders fell −6.2 percent in January. However, this series is trending at an annualized rate of 3.1 percent over the past three months, below its 12-month growth rate of 14.7 percent. Shipments of manufactured goods increased 1.8 percent in January and are up 8.9 percent over the past year. Inventories continued to pile up, increasing 1.3 percent in January.