Keeping you up to date on the latest data releases.
- Factory Orders
New orders for manufactured goods fell 0.9 percent (nonannualized) in October, following an increase of 1.8 percent in September. Excluding transportation, new orders were unchanged for the month, while new orders of durable goods fell 1.7 percent and nondurable goods fell 0.2 percent. New orders of nondefense capital goods excluding aircraft orders decreased 0.6 percent in October, compared to a 1.2 percent decrease in September. Shipments increased 0.1 percent, led by an increase of 0.4 percent in shipments of durable goods. Unfilled orders and inventories increased 0.4 and 0.1 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.