US September manufacturing facility orders -Zero.5% versus -Zero.5% anticipated

• Prior month: -Zero.2% (revised to -Zero.eight%)
• Manufacturing unit items orders ex transportation +Zero.1% vs -Zero.1% prior (revised to -Zero.2%)
• Sturdy items orders -Zero.7% vs -Zero.eight% preliminary. Final month was -Zero.eight%
• Sturdy items ex transportation +Zero.5% vs +Zero.four% preliminary. Final month +Zero.6%
• Sturdy items ex protection -1.1% versus -1.1% preliminary. Final month -1.three%
• Sturdy items nondefense capital items orders ex-air +Zero.7% versus +Zero.5% preliminary. Final month +Zero.three%

The headline was in-line with estimates however solely due to an enormous revision decrease to the prior.

New orders for manufactured items in September, down 4 of the final
5 months, decreased $2.eight billion or Zero.5% to $584.2 billion,
the U.S. Census Bureau reported at present.

Shipments, down two consecutive months, decreased $2.2 billion or Zero.four% to $586.9 billion. That quantity goes into the GDP calculation and may result in a downward revision to Q3 numbers, all else equal.

This text was written by Adam Button at www.ubaidahsan.com.



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