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Written by Steven HansenUS Census says manufacturing new orders declined month-over-month with unfilled orders again improving. Our analysis shows the rolling averages improved and remain in expansion.
March 2021 Headline Manufacturing New Orders Improve US Census says manufacturing new orders improved month-over-month with unfilled orders again improving. Our analysis shows the rolling averages improved and remain in expansion. Analyst Opinion of Census Manufacturing Sales According to the seasonally adjusted data, there was improvement across the board EXCEPT civilian and defence aircraft which significantly declined. Of course, the year-over-year growth spurt is mostly due to the comparison to the lockdown period one year ago. Market expected (from Econoday) month-over-month growth of -...
December 2020 Headline Manufacturing New Orders Improvement Continued US Census says manufacturing new orders improved month-over-month with unfilled orders continuing to shrink. Our analysis shows the rolling averages improved but remain in contraction. Analyst Opinion of Census Manufacturing Sales According to the seasonally adjusted data, the increase was widespread except for civilian aircraft. Of course, this year-over-year contraction was caused by the coronavirus shutdown of the economy. Market expected (from Econoday) month-over-month growth of 0.1 % to 1.8 % (consensus +0.7 %). Manu...
November 2020 Headline Manufacturing New Orders Improvement Continues US Census says manufacturing new orders improved month-over-month with unfilled orders continuing to shrink. Our analysis shows the rolling averages improved but remain in contraction. Analyst Opinion of Census Manufacturing Sales According to the seasonally adjusted data, the increase was widespread. Of course, this year-over-year contraction was caused by the coronavirus shutdown of the economy. Market expected (from Econoday) month-over-month growth of -2.5 % to 7.5 % (consensus +0.6 %). Manufacturing unfilled orders we...