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Generally the Factory Orders report is not as widely watched as other economic indicators. [ citation needed ] The Advance Release on Durable Goods , which usually precedes the Factory Orders report by one week, garners more attention, [ citation needed ] given that the durable goods report includes orders for capital goods , a proxy for ...
Economists polled by Reuters had forecast factory orders would rebound 0.2% after a previously reported 0.5% decline in September. Factory orders rose 0.4% on a year-on-year basis in October.
The Institute for Supply Management's manufacturing purchasing managers index for May fell to 48.7 from 49.2 in April. The factory sector has been under pressure for well over a year, with ISM's ...
Factory orders dropped 0.5% after a downwardly revised 0.8% decrease in August, the Commerce Department's Census Bureau said on Monday. Economists polled by Reuters had forecast factory orders ...
The US machine tool sector never recovered from this body blow. [13] Between 1983 and 2005, U.S. exports grew by 340%, with exports of manufactured goods increasing by 407% over this period. In 1983, the primary export commodities of the U.S. was transportation equipment, computer and electronic products, agricultural products, machinery ...
Paul Sancya/AP By Lucia Mutikani WASHINGTON -- New orders for U.S. factory goods rose for a second straight month in May, adding to tentative signs of stabilization in manufacturing after a recent ...
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Factory orders increased 1.4% after dropping 3.8% in January, the Commerce Department's Census Bureau said on Tuesday. Manufacturing, which accounts for 10.4% of the U.S. economy, has turned the ...