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ECONOMIC REPORT: U.S. Sept. factory orders fall 1.7%;Shipments fall 0.5% after 4 months of gains
By Robert Schroeder, MarketWatch
Last Update: 10:10 AM ET Nov. 3, 2005
WASHINGTON (MarketWatch) -- Orders for U.S.-made goods fell 1.7% in September, led by a drop in orders for capital goods, the Commerce Department said Thursday.
Overall orders for capital goods including defense and non-defense products fell 7.8% in September. Orders for computers and transportation also fell, by 3.9% and 5.5% respectively.
Economists surveyed by MarketWatch were expecting factory orders to fall 0.6%.
Shipments of factory goods fell 0.5% in September after posting four consecutive monthly increases. They were up 2.1% in August.
Orders for goods in August were revised upward, to 2.9% from the previous estimate of 2.5%.
Unfilled orders also increased 0.7%, marking the latest monthly increase and the highest level since the government began keeping track in 1992. They rose 1.6% in August and 1.0% in July.
Inventories, meanwhile, decreased 0.1% in September following a 0.2% decline in August.
Factories should be busy in coming months meeting rising demand, with inventories falling and unfilled orders rising.
The inventory-to-shipment ratio was 1.18, up from 1.17 in August.
Orders are up 7.5% in the past year. The data are not adjusted for price changes.
By Robert Schroeder, MarketWatch
Last Update: 10:10 AM ET Nov. 3, 2005
WASHINGTON (MarketWatch) -- Orders for U.S.-made goods fell 1.7% in September, led by a drop in orders for capital goods, the Commerce Department said Thursday.
Overall orders for capital goods including defense and non-defense products fell 7.8% in September. Orders for computers and transportation also fell, by 3.9% and 5.5% respectively.
Economists surveyed by MarketWatch were expecting factory orders to fall 0.6%.
Shipments of factory goods fell 0.5% in September after posting four consecutive monthly increases. They were up 2.1% in August.
Orders for goods in August were revised upward, to 2.9% from the previous estimate of 2.5%.
Unfilled orders also increased 0.7%, marking the latest monthly increase and the highest level since the government began keeping track in 1992. They rose 1.6% in August and 1.0% in July.
Inventories, meanwhile, decreased 0.1% in September following a 0.2% decline in August.
Factories should be busy in coming months meeting rising demand, with inventories falling and unfilled orders rising.
The inventory-to-shipment ratio was 1.18, up from 1.17 in August.
Orders are up 7.5% in the past year. The data are not adjusted for price changes.
- Mensagens: 469
- Registado: 20/3/2005 22:23
15:00 - Dados States
10:00am 11/03/05 U.S. AUG. FACTORY ORDERS RISE REVISED 2.9%
10:00am 11/03/05 U.S. SEPT. FACTORY ORDERS FALL 1.7%, MORE THAN EXPECTED
10:00am 11/03/05 U.S. SEPT. FACTORY ORDERS FALL 1.7%, MORE THAN EXPECTED
- Mensagens: 469
- Registado: 20/3/2005 22:23
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