Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
August US Factory New Orders Increase Less Than Expected

August US Factory New Orders Increase Less Than Expected

MT newswireMT newswire2026/10/02 14:17
10:17 AM EDT, 10/02/2026 (MT Newswires) -- New orders for US factory goods rose by 0.1% in August, below expectations for a 0.2% increase in a survey compiled by Bloomberg and following a revised 0.8% increase in July. Excluding a 0.7% decline in transportation orders, new orders would have been up 0.3% after a 0.7% increase in July. Durable goods new orders were revised downwards to a 0.1% decrease from the advance estimate of a flat reading and follows a 0.9% gain in July. Nondurable goods new orders rose by 0.3% after a 0.7% increase in the previous month. Factory shipments were flat in August, while unfilled orders rose by 0.6%. Factory inventories increased by 0.5% and, when combined with already-published advance estimates for retail and wholesale inventories, shows business inventories on pace for a 0.5% gain in the month.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!