US Factory Orders Rise 1.8% in September for Third Straight Gain
New orders for manufactured goods climbed $12.2 billion in September, extending a three-month winning streak to $677.2 billion.
New orders for manufactured goods increased $12.2 billion, or 1.8 percent, to $677.2 billion in September, marking the third consecutive monthly gain, according to data released by the U.S. Census Bureau.
The September advance follows a revised 0.3 percent uptick in August, suggesting a modest but sustained recovery in domestic manufacturing demand heading into the final quarter of the year.
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Three straight months of order growth can signal improving business confidence and supply chain stabilization, though a single data series does not confirm a broader industrial trend. Analysts typically watch for corroborating signals in shipments and inventories to assess whether momentum is durable.
The Census Bureau's monthly Manufacturers' Shipments, Inventories, and Orders report aggregates data across durable and nondurable goods sectors, providing one of the most comprehensive snapshots of U.S. factory activity available to policymakers and market participants.
Continue reading at U.S. Census Bureau Economic Briefing Room.
