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Factory order data is often mundane, mostly because the report of durable goods orders comes out a couple of weeks earlier and includes orders for capital goods, a proxy for equipment investment.
A factory order report is a great economic indicator of the industry demand for durable and non-durable goods reported by domestic factories. The report includes information such as new orders ...
WASHINGTON - Orders to U.S. factories rose for a third consecutive month in April, adding to evidence that manufacturing is regaining momentum after a harsh winter. Orders increased 0.7 percent in ...
WASHINGTON – New orders at U.S. factories rose 1.1 percent in December, slightly ahead of forecast, as strong demand for machinery and durable goods offset weakness in civilian aircraft, a ...
Factory orders increased for a third month in four during March on improved demand for key nondefense capital goods, government figures showed Friday. Orders placed with the nation's manufacturers ...
Orders placed with factories for business equipment barely rose in January after falling the prior month, suggesting firms are restraining their investment amid an uncertain outlook.
Factory Orders ex Transportation declined by 1.2%. SP500 pulled back towards session lows after the release of the report. On December 4, U.S. released Factory Orders report for October.
Excluding transportation, factory orders were up 0.4% in July after a slight 0.1% gain in the prior month. Non-durable goods orders rose 0.8% in July after being flat in the prior month.
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However, in response to the German factory order numbers, the EUR/USD rose to a high of $1.09596 before falling to a low of 1.09496. This morning, the EUR/USD was down 0.01% to $1.09555.
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