Factory Orders
a.k.a. Manufacturers' new orders
A monthly US report on the value of new orders placed with manufacturers for both durable and non-durable…
In plain English
A monthly US report on the value of new orders placed with manufacturers for both durable and non-durable goods.
Factory orders widen the lens of durable goods orders to include non-durables like food and chemicals. Rising orders point to more production ahead.
Because the durable goods part comes out earlier, this report rarely surprises markets much.
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