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US factory orders for October 1.0% versus 0.7% estimate | Forexlive

Factory orders for October 2022

  • US factory orders for the month of October 1.0% versus 0.7% estimate.. The prior month was unrevised at 0.3%
  • Ex transportation +0.8% versus -0.2% last month. That is revised lower from -0.1%
  • Ex defense +0.9% versus 0.8% in September
  • shipments increased by 0.7% versus 0.3% last month
  • unfilled orders up 0.6% versus 0.5% increase last month
  • unfilled orders to shipments ratio was 6.03 unchanged from September
  • inventories increased by 0.5% versus a 0.1% gain in September

Durable goods were released at the end of last month. The revisions (durable goods orders are a part of Factory orders) showed:

  • Durable goods orders revised to 1.1% from +1.0% in the preliminary report. Last month, durable goods rose 0.2%
  • Durable goods shipments increased by 0.4% after a 0.3% gain in September
  • Unfilled orders for durable goods increase by 0.6% versus 0.5% in September

/Inflation