US Factory Orders MoM (Nov) M/M 2.7% vs. Exp. 1.6% (Prev. -1.3%, Low. 0.0%, High. 7.0%)

The US Factory Orders for November rose 2.7%, significantly exceeding expectations of 1.6%, indicating robust demand conditions in the manufacturing sector.

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US Factory Orders MoM (Nov) M/M 2.7% vs. Exp. 1.6% (Prev. -1.3%, Low. 0.0%, High. 7.0%)

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  • Inventory to shipments unchanged at 1.56 months
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This strong print, especially following a prior decline, suggests a potential recovery in economic activity, which could influence future policy considerations and rate decisions. A steady inventory-to-shipments ratio also reflects a balanced supply chain environment, mitigating inflationary pressures in the near term.

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