Keeping you up to date on the latest data releases.
- Factory Orders
New orders for manufactured goods increased 1.7 percent (nonannualized) in September, following a decrease of 0.1 percent in August. Year-over-year growth rates for new orders were 2.4 percent, compared to 1.4 percent in August. Excluding transportation, new orders decreased 0.2 percent for the month, while new orders of durable goods increased 3.8 percent and nondurable goods fell 0.2 percent. New orders of nondefense capital goods excluding aircraft orders decreased 1.3 percent in September, compared to a 1.0 percent increase in August. Shipments increased 0.1 percent in September, led by an increase of 0.4 percent in shipments of durable goods. Unfilled orders and inventories increased 0.9 and 0.4 percent, respectively. The unfilled orders-to-shipments ratio was 6.4, roughly where it has been since late 2009, but still well above the pre-crisis average of 4.3. The inventory-to-shipments ratio was steady at 1.3, roughly where it has been since late 2009.