June 2021 Headline Manufacturing New Orders Improvement Continues econintersect.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from econintersect.com Daily Mail and Mail on Sunday newspapers.
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 -0.7 % to 3.2 % (consensus 1.3 %).
Manufacturing unfilled orders were down 3.2 % year-over-year.
Econintersect Analysis:
Unadjusted manufacturing new orders (but inflation-adjusted) up 9.6 % year-over-year.
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 %).
Manufacturing unfilled orders were down 0.3 % month-over-month.
Econintersect Analysis:
Unadjusted manufacturing new orders (but inflation-adjusted) up 0.8 % year-over-year.
Three-month rolling new order rolling averages accelerated 1.2 % month-over-month and down 1.0 % year-over-year.
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 were down 0.1 % month-over-month.
Econintersect Analysis:
Unadjusted manufacturing new orders (but inflation-adjusted) up 0.5 % year-over-year.
Three-month rolling new order rolling averages accelerated 2.5 % month-over-month and down 4.3 % year-over-year.
Unadjusted manufacturing unfilled orders accelerated 0.3 % month-over-month, and down 6.3 % year-over-year