trending Market Intelligence /marketintelligence/en/news-insights/trending/7q9xw1OeRRvnefJav2j6Qw2 content esgSubNav
In This List

US factory orders down 0.1% in October

Blog

Using ESG Analysis to Support a Sustainable Future

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook


US factory orders down 0.1% in October

U.S. factory orders slipped 0.1% to $479.6 billion in October from a revised $479.9 billion the previous month, the U.S. Census Bureau reported.

New orders for manufactured durable goods dipped 0.8% to $237.4 billion in October, with transportation equipment, which was down 4.2%, driving the decrease. New orders for manufactured nondurable goods rose 0.7% to $242.2 billion.

Shipments of manufactured durable goods climbed 0.4% to $242.0 billion, and shipments of manufactured nondurable goods increased 0.7% to $242.2 billion. Primary metals, petroleum and coal products led the increase in shipments.

Unfilled orders for manufactured durable goods were virtually unchanged at $1.135 trillion.

Inventories of manufactured durable and nondurable goods both went up 0.2% to $404.2 billion and $257.3 billion, respectively, with primary metals and chemical products driving the increase.