Factory orders for October 2020
- Prior was -$63.9B
- Factory orders ex transportation +1.0% vs +1.1% expected
- Prior orders ex transport +0.5%% (revised to +0.9%)
Durable goods orders revisions:
- US durable goods orders +1.3% vs +1.3% prelim
- US September final durable goods orders +1.9%
- Durables ex transportation +1.3% vs +0.5% prelim
- Capital goods orders non-defense ex-air +0.8% vs +1.0% exp
- Prior capital goods orders non-defense ex-air +2.1%
- Capital goods shipments non-defense ex-air +2.4% vs +2.3% prelim
- Prior capital goods shipments non-defense ex-air +1.5%
These are solid numbers and highlight a factory sector that continues to hum.