April factory goods orders dip 0.8 from March, but YTD orders up 8.3 percen

Factory goods orders decreased 0.8 percent from March to April, due largely to lower orders for aircraft. However, YTD through April, orders were up 8.3 percent.

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Factory goods orders fall 0.1 percent in October after two months of strong growth

Orders for U.S. manufactured goods fell 0.1% to a seasonally adjusted $479.6 billion in October after two straight months of strong growth. Excluding transportation, a volatile part of the overall reading, factory orders were up 0.8% in October from the previous month. Orders were up 0.2% in the same time frame when excluding defense spending, another volatile part of factory orders figures.

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Factory orders rose strongly in September as manufacturing builds momentum

New orders for U.S.-made goods rose for a second straight month in September and orders for core capital goods were stronger than previously reported, suggesting manufacturing activity was gathering momentum. Factory goods orders increased 1.4 percent, and orders for non-defense capital goods excluding aircraft - seen as a measure of business spending plans - surged 1.7 percent. September's increase in these so-called core capital goods orders was the largest since July 2016.

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BuilderBytes' MetroIntelligence Economic Update for 2/05/14

Greetings from the 2014 International Builders Show in Las Vegas!

Please click here to see the edition of BuilderBytes for 2/05/14 on the Web.

In this issue of the MetroIntelligence Economic Update, I covered the following indicators:

• Factory goods orders rose for third straight month excluding transportation sector
• Federal deficit likely to continue declining in 2014

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