FOREX TradingCharts.com

Financial News: U.S. Factory Orders Inch Up In Line With

U.S. Factory Orders Inch Up In Line With Estimates In December

02/02/2024 - 10:37:00 (RTTNews)

(RTTNews) - New orders for U.S. manufactured goods rose in line with estimates in the month of December, according to a report released by the Commerce Department on Friday.

The report said factory orders crept up by 0.2 percent in December after surging by 2.6 percent in November. The uptick in orders matched economist estimates.

The modest increase in factory orders came as orders for non-durable goods rose by 0.4 percent, more than offsetting a slight pullback in durable goods orders.

Meanwhile, the Commerce Department said shipments of manufactured goods were virtually unchanged in December after climbing by 0.5 percent in November.

The report also said inventories of manufactured goods inched up by 0.1 percent in December after coming in virtually unchanged in the previous month.

With inventories and shipments both showing little change, the inventories-to-shipments ratio came in unchanged from the previous month at 1.48.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2024 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Construction Spending Unexpectedly Pulls Back Modestly In January (35 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Friday unexpectedly showed a modest de ...Full Story»

U.S. Consumer Sentiment Unexpectedly Deteriorates In February (50 min(s), 35 sec(s) ago)
(RTTNews) - Consumer sentiment in the U.S. unexpectedly deteriorated in the month of February, acc ...Full Story»

Atlanta Fed Lowers Q1 GDP Growth Projection To 2.1% (43 min(s), 35 sec(s) ago)
(RTTNews) - The Atlanta Fed on Friday lowered its GDP growth forecast for the first quarter, citin ...Full Story»

Fed Notes Inflation Has Eased Substantially But Remains Above Target (42 min(s), 35 sec(s) ago)
(RTTNews) - The Federal Reserve released its semi-annual monetary policy report to Congress on Fri ...Full Story»

BoE's Pill Says Cutting Bank Rate Remains Some Way Off (15 min(s), 35 sec(s) ago)
(RTTNews) - Bank of England Chief Economist Huw Pill said on Friday that an interest rate cut from ...Full Story»

Kansas City Fed Services Activity Index Jumps Into Positive Territory In February (04 min(s), 35 sec(s) ago)
(RTTNews) - Service sector activity in the middle of the U.S. saw a notable turnaround in the mont ...Full Story»

Fed's Waller Says Balance Sheet Plans Do Not Imply Anything About Policy Stance (35 min(s), 35 sec(s) ago)
(RTTNews) - Any decision by the Federal Reserve on balance sheet does not reflect the monetary pol ...Full Story»

U.S. Manufacturing Activity Unexpectedly Contracts At Faster Rate In February (53 min(s), 35 sec(s) ago)
(RTTNews) - Manufacturing activity in the U.S. unexpectedly contracted at an accelerated rate in t ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Construction Spending Unexpectedly Pulls Back Modestly In January

03/01/2024 - 13:06 PM (RTTNews)
(RTTNews) - A report released by the Commerce Department on Friday unexpectedly showed a modest de ...Full Story>>

U.S. Consumer Sentiment Unexpectedly Deteriorates In February

03/01/2024 - 12:56 PM (RTTNews)
(RTTNews) - Consumer sentiment in the U.S. unexpectedly deteriorated in the month of February, acc ...Full Story>>

Atlanta Fed Lowers Q1 GDP Growth Projection To 2.1%

03/01/2024 - 12:49 PM (RTTNews)
(RTTNews) - The Atlanta Fed on Friday lowered its GDP growth forecast for the first quarter, citin ...Full Story>>

Fed Notes Inflation Has Eased Substantially But Remains Above Target

03/01/2024 - 12:48 PM (RTTNews)
(RTTNews) - The Federal Reserve released its semi-annual monetary policy report to Congress on Fri ...Full Story>>

BoE's Pill Says Cutting Bank Rate Remains Some Way Off

03/01/2024 - 12:21 PM (RTTNews)
(RTTNews) - Bank of England Chief Economist Huw Pill said on Friday that an interest rate cut from ...Full Story>>

Do not sell my personal information

Copyright © 2024. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.