| Definition:
|
Tracks shipments from, new orders to and unfilled orders of manufacturers for both durable and non-durable goods. The factory orders release includes more current data on durable goods orders, which is released two weeks earlier and includes orders for non-durable goods.
|
| Meaning:
|
The new orders component shows some indication of how strong manufacturing production needs to be to fill those orders. Unfilled orders data gives some indication as to whether or not there is a backlog in production. Bottlenecks in the production line may have an inflationary effect on the goods being produced. Shipments data shows sales levels. This data overall helps analysts to determine the strength of the manufacturing sector.
|
| Weight:
|
*
|
| Source:
|
U.S. Department of Commerce: Bureau of the Census
|
| Availability:
|
Report released 5 weeks following the reference month
|
| Frequency:
|
Monthly
|
| Coverage:
|
2 Month Lag Factor (Data for May is released in July)
|
| Volatility:
|
Very High
|
Impact on the Markets:
|
| Interest Rates:
|
Factory Orders  =
Interest Rates
Factory Orders  = Interest Rates
|
| Fixed-income:
|
Factory Orders =
Bond Market
Factory Orders = Bond Market
|
| Equities:
|
Factory Orders = No Reaction
Factory Orders = No Reaction
|
| Dollar:
|
Factory Orders = No Reaction
Factory Orders = No Reaction
|
| More Information:
|
U.S. Department of Commerce: Bureau of the Census
|
