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Source: BloombergFollowing February’s disappointing 0.5% MoM decline in US Factory Orders (and despite the ongoing slump in ISM Manufacturing), analysts expected a rebound in March and they were right. US Factory Orders surged 2.2% MoM in March and February was revised up from a 0.5% decline to a 0.1% MoM rise… This is the biggest jump in US Factory orders since May 2021, lifting the ‘hard’ data to its most divergent from the ‘soft’ data on record…What happens next?

The financial news is astonishingly rosy: record trade surpluses in China, positive surprises in Europe, the best run of new jobs added to the U.S. economy since the go-go 1990s, and the gift that keeps on giving to consumers everywhere, low oil prices. So if everything is so fantastic, why are new orders cratering? New orders are a snapshot of future demand, as opposed to current retail sales or orders that have been delivered. Like most other economic data, the series is noisy, meaning there are plenty of spikes up and down. To cut through the clutter, we look for trends and patterns,...

THE TAKEAWAY: U.S. factory orders plummets in August by most since January 2009 > Demand likely to remain weak amid global slowdown and weak business spending > USDJPY bearish New orders to U.S. factories plunged in August by the most since January 2009, as a sharp slump in transportation weighed on manufacturing activity. According to the U.S. Department of Commerce, orders for factory goods declined 5.2 percent in August, following a revised gain of 2.6 percent the previous month that was lower than the 2.8 percent growth initially reported. The consensus forecast of 66 economists surveyed by Bloomberg News had...

ORIGINAL POST: Last economic datapoint of the day: April factory orders come out at 10:00 AM ET. Analysts expect an increase of 0.2%. That compares to a decline of 1.9% in the previous month. Given all the bad news in econ data-world these days, this one will be closely watched for confirmation or negation of the trend. UPDATE: The numbers are out and bad. Factory orders fell 0.6% in April, which is way worse than the 0.2% growth anticipated. Last month was revised to a decline of 2.1% from a decline of -1.5%. And ext-transport, the decline was a solid...

WASHINGTON (Dow Jones)--U.S. factory orders fell at the sharpest pace in three years in March, a sign that demand is slowing amid an uneven economic recovery. Orders for manufactured goods declined 1.5% to $460.46 billion, the Commerce Department said Wednesday. That matched expectations of economists surveyed by Dow Jones Newswires. Factory orders over the previous month were revised down, as well, to a 1.1% increase from an initial estimate for a 1.3% gain.

New orders for U.S. factory goods in March recorded their biggest decline in three years as demand for transportation equipment and a range of other goods slumped, government data showed on Wednesday. The Commerce Department said orders for manufactured goods dropped 1.5 percent after a revised 1.1 percent rise in February. Economists had forecast orders falling 1.6 percent after a previously reported 1.3 percent increase in February. While the report showed broad weakness in March in a sector that has carried the economic recovery, anecdotal evidence suggests factories continued to expand as the second quarter started. The Institute for Supply...

So much for a fast start to the recover in 2012. A week after announcing the worst durable-goods orders report in three years, the Commerce Department’s report on factory orders and shipments in January show the worst outcome in sixteen months: New orders for manufactured goods in January, down following two consecutive monthly increases, decreased $4.8 billion or 1.0 percent to $462.6 billion, the U.S. Census Bureau reported today. This followed a 1.4 percent December increase. Excluding transportation, new orders decreased 0.3 percent. Shipments, up eight consecutive months, increased $4.1 billion or 0.9 percent to $463.6 billion. This followed a...

U.S. Nov factory orders fell 1.4 pct Tuesday January 6, 10:01 am ET WASHINGTON, Jan 6 (Reuters) - U.S. Commerce Department seasonally adjusted data on U.S. factory orders, shipments and unfilled orders. ORDERS-PCT CHANGES: Nov Oct Sept New Orders -1.4 2.4 1.4 Ex-Transportation -1.5 1.6 1.6 Ex-Defense -1.3 1.8 2.3 Manufacturing with unfilled orders -3.3 5.5 1.0 Durables -2.5 3.9 2.2 Primary Metals -2.5 9.8 -1.0 General Machinery 2.1 1.4 1.5 Computers/Electronics -10.7 2.5 7.2 Electrical Equipment Appliances -2.4 0.8 2.0 Transport Equipment -1.3 6.4 0.2 NonDefense aircraft -13.9 20.6 -5.1 Defense aircraft -9.1 7.2 3.7 Ships/boats 126.5 -2.4 -61.8...

U.S. Sept factory orders rose 0.5 pct Wednesday November 5, 10:02 am ET WASHINGTON, Nov 5 (Reuters) - U.S. Commerce Department seasonally adjusted data on U.S. factory orders, shipments and unfilled orders. ORDERS-PCT CHANGES: Sept Aug July New Orders 0.5 -0.3 2.0 Ex-Transportation 0.6 -0.1 2.4 Ex-Defense 1.5 -1.2 2.2 Manufacturing with unfilled orders -0.4 1.4 0.7 Durables 1.1 -0.1 1.6 Primary Metals -3.2 1.1 2.7 General Machinery 1.0 -0.4 3.4 Computers/Electronics 3.6 1.9 2.6 Electrical Equipment Appliances 1.7 1.0 -0.6 Transport Equipment 0.1 -1.8 -0.2 NonDefense aircraft -3.9 -11.6 -11.0 Defense aircraft 1.6 10.7 -18.5 Ships/boats -61.8 114.3 -12.2...

U.S. Aug factory orders fell 0.8 pct Thursday October 2, 10:03 am ET WASHINGTON, Oct 2 (Reuters) - U.S. Commerce Department seasonally adjusted data on U.S. factory orders, shipments and unfilled orders. ORDERS-PCT CHANGES: Aug July June New Orders -0.8 2.0 1.9 Ex-Transportation -0.5 2.4 1.3 Ex-Defense -1.7 2.2 1.9 Manufacturing with unfilled orders 0.4 0.7 2.3 Durables -1.1 1.6 2.5 Primary Metals 0.9 2.7 -0.5 General Machinery -1.0 3.4 2.7 Computers/Electronics 0.2 2.6 3.7 Electrical Equipment Appliances 1.1 -0.6 2.0 Transport Equipment -2.3 -0.2 5.1 NonDefense aircraft -9.3 -11.0 37.6 Defense aircraft 9.4 -18.5 -15.2 Ships/boats 115.0 -12.2 8.9...

U.S. July factory orders rose 1.6 pct Thursday September 4, 9:59 am ET WASHINGTON, Sept 4 (Reuters) - U.S. Commerce Department seasonally adjusted data on U.S. factory orders, shipments and unfilled orders. ORDERS-PCT CHANGES: July June May New Orders 1.6 1.9 0.3 Ex-Transportation 2.1 1.3 0.8 Ex-Defense 1.9 1.9 0.6 Manufacturing with unfilled orders unch 2.3 -0.1 Durables 1.0 2.5 unch Primary Metals 2.1 -0.5 -0.7 General Machinery 1.5 2.7 -0.6 Computers/Electronics 1.5 3.7 1.7 Electrical Equipment Appliances unch 2.0 -0.7 Transport Equipment -0.8 5.1 -2.3 NonDefense aircraft -11.6 37.6 -17.9 Defense aircraft -19.1 -15.2 5.7 Ships/boats -12.2 8.9 12.2...

US June factory orders rev to +1.5 pct Tuesday August 19, 9:58 am ET WASHINGTON, Aug 19 (Reuters) - The Commerce Department on Tuesday said it revised U.S. June factory orders issued Aug. 4 to a 1.5 percent rise from a previously reported 1.7 percent rise. The department also revised U.S. June durable goods orders to a 2.3 percent increase from a 2.6 percent jump. Following are seasonally adjusted figures for key components of U.S. June and May factory orders and durable goods, and shipments for semiconductors, seasonally adjusted. PCT CHANGES: June'03 (Prev) May'03 (Prev) New Orders 1.5 1.7 0.3...

U.S. June factory orders rose 1.7 pct Monday August 4, 10:02 am ET WASHINGTON, Aug 4 (Reuters) - U.S. Commerce Department seasonally adjusted data on U.S. factory orders, shipments and unfilled orders. ORDERS-PCT CHANGES: June May April New Orders 1.7 0.3 -3.0 Ex-Transportation 1.2 0.8 -2.7 Ex-Defense 1.5 0.9 -2.7 Manufacturing with unfilled orders 2.6 unch -2.8 Durables 2.6 0.1 -2.4 Primary Metals 2.4 unch 2.0 General Machinery 4.0 -0.5 -5.5 Computers/Electronics 2.6 1.6 0.9 Electrical Equipment Appliances 3.4 -1.6 -2.4 Transport Equipment 4.7 -2.0 -4.7 NonDefense aircraft 21.1 5.6 51.2 Defense aircraft 4.5 -18.5 -21.0 Ships/boats 7.3 17.6 -4.2...

U.S. May factory orders rose 0.4 pct Wednesday July 2, 10:02 am ET WASHINGTON, July 2 (Reuters) - Commerce seasonally adjusted data on U.S. factory orders, shipments and unfilled orders. ORDERS-PCT CHANGES: May April March New Orders 0.4 -3.0 2.1 Ex-Transportation 0.8 -2.7 2.1 Ex-Defense 0.8 -2.7 1.7 Manufacturing with unfilled orders -0.3 -2.8 1.5 Durables -0.4 -2.4 1.3 Primary Metals -0.7 2.0 -4.7 General Machinery -0.7 -5.5 4.1 Computers/Electronics 0.7 0.9 2.4 Electrical Equipment Appliances -2.1 -2.4 3.1 Transport Equipment -1.9 -4.7 2.1 NonDefense aircraft -1.2 51.2 -16.9 Defense aircraft -6.3 -21.0 137.8 Ships/boats 20.1 -4.2 -15.2 NonDurables 1.2...

U.S. April factory orders fell 2.9 pct Thursday June 5, 10:04 am ET WASHINGTON, June 5 (Reuters) - U.S. Commerce Department seasonally adjusted data on U.S. factory orders, shipments and unfilled orders. ORDERS-PCT CHANGES: April March Feb New Orders -2.9 2.1 -1.0 Ex-Transportation -2.4 2.1 -1.5 Ex-Defense -2.4 1.7 -1.9 Manufacturing with unfilled orders -2.5 1.5 -0.4 Durables -2.3 1.3 -1.1 Primary Metals 1.9 -4.7 -2.8 General Machinery -4.7 4.1 -2.5 Computers/Electronics 0.3 2.4 -4.2 Electrical Equipment Appliances -1.9 3.1 -1.7 Transport Equipment -5.1 2.1 1.8 NonDefense aircraft 48.6 -16.9 -30.5 Defense aircraft -26.4 137.8 3.4 Ships/boats -6.8 -15.2 4.2...