TeleTrade - Analytics

TeleTrade

518.25 6.75/10
57% of positive reviews
Real

03.11.2015 15:27 U.S. factory orders drop 1.0% in September

The U.S. Commerce Department released factory orders data on Tuesday. Factory orders in the U.S. slid 1.0% in September, missing expectations for a 0.9% decline, after a 2.1% drop in August. August's figure was revised down from a 1.7% fall.

 

The decline was driven by a drop in durable goods and non-durable orders. Durable goods orders decreased by 1.2% in September, while orders for nondurable goods declined 0.8%.

 

Factory orders excluding transportation fell 0.6% in September, after a 1.1% decline in August. August's figure was revised down from a 0.8% decrease.

 

Orders for transportation equipment plunged 3.1% in September.



To leave a comment you must be or register

By visiting our website and services, you agree to the conditions of use of cookies. Learn more I agree