Factory Orders For Oct Rose 2.7%, Matching Estimates
Factory orders for October are expected to rise 2.7 percent in line with strong gains for durable goods, data for the latter released a week earlier and offering rare good news for the struggling factory sector. Factory shipments have been holding up but at the expense of unfilled orders which have contracted for four straight months.
Released On 12/6/2016 10:00:00 AM For Oct, 2016
Prior | Prior Revised | Consensus | Consensus Range | Actual | |
Factory Orders – M/M change | 0.3 % | 0.6 % | 2.7 % | 2.5 % to 3.4 % | 2.7 % |
Source: Bloomberg/Econoday