Items include
factory orders
Economic Indicators
May 2, 2023
Bottom Line: The Factory Orders report confirmed the continued declines in March that were reported in surveys and initial durable goods reports. While the headline durable goods number was higher, most other core segments were lower, and nearly all continued...
Oct 4, 2022
Bottom Line: The August Factory Orders report showed flat activity at the headline level and slight growth in core components as this "hard data" report confirmed what the "soft data" (purchasing manager surveys) have been telling us for months. Nondefense...
Sep 2, 2022
Bottom Line: The July Factory Orders report surprised to the downside as the orders fell across most segments. While lagged relative to other data, this "hard" data confirms what we've seen in "soft" survey data, where order growth started to...
Aug 3, 2022
Bottom Line: The June Factory Orders report surprised to the upside with positive revisions as the volatile automobile sector continued to rebound after supply-induced slowdowns. This June report offers the potential for upward revisions to the 2nd Quarter GDP tally....
Jul 5, 2022
Bottom Line: The May Factory Orders report was stronger than expected with positive revisions. While recent survey data suggest that manufacturing growth slowed sharply since May, this report suggests the sector was still a robust contributor to growth in the...
Jun 2, 2022
Bottom Line: The April Factory Orders report confirmed continued deceleration but historically still robust growth. Gains from March were revised lower as April also printed below expectations. April's gains were still modestly above the 1st Quarter levels, suggesting equipment spending...
May 3, 2022
Bottom Line: The March Factory Orders report confirmed continued strong growth in activity amid continued volatility due to supply chain disruptions. After positive revisions to February data, orders were up in 22 of the previous 23 months. Transportation equipment remained...