US Factory Orders Are Surging At Their Fastest Pace In Over 4 Years
Summary
US Factory Orders Are Surging At Their Fastest Pace In Over 4 Years Following mixed manufacturing survey data, expectations were for a sizable jump in US Factory Orders in September. The actual print was even better than expected, rising 1.9% MoM (+1.8% MoM exp). That was the third consecutive monthly gain and followed a 0.3% increase in August and lifted orders up over 10% YoY ... Core Factory Orders were even more dramatic, up 1.3% MoM (almost triple the 0.5% MoM expected). That is the strongest annual growth in core factory orders since July 2022 Transportation equipment (+4.6%) was the…
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US Factory Orders Are Surging At Their Fastest Pace In Over 4 Years
US Factory Orders Are Surging At Their Fastest Pace In Over 4 Years Following mixed manufacturing survey data, expectations were for a sizable jump in US Factory Orders in September. The actual print was even better than expected, rising 1.9% MoM (+1.8% MoM exp). That was the...
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