USD Factory Orders
Factory Orders is a report provided by domestic manufacturers in regards to the dollar volume of new orders, shipments, unfilled orders and inventories. Factory Orders tends to not be a widely monitored economic release. If durable goods comprise over 50% of the factory orders, the Advance Release on Durable Goods Activity reported one week earlier has the tendency to captivate a larger amount of market attention. Factory Orders provides an intelligible, clear view of the manufacturing sector. More precisely, the New Orders figure acts as an indicator of overall demand across industries while Shipments provide a gauge of supply. Unfilled Orders and Inventory figures accommodate the balance between Orders and Shipments.