Updated: 02-Oct-26 10:19 ET
| August Factory Orders |
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| Updated: 02-Oct-26 10:19 ET |
Highlights
- Factory orders increased 0.1% month-over-month in August (Briefing.com consensus: 0.0%) following a downwardly revised 0.8% increase (from 0.9%) in July.
- Excluding transportation, factory orders increased 0.3% on the heels of a 0.7% increase in July.
- Shipments of manufactured goods were flat after being up 0.8% in July.
Key Factors
- Durable goods orders slipped 0.1% after increasing 0.9% in July.
- New orders for nondurable goods rose 0.3% after increasing 0.7% in July.
- New orders for nondefense capital goods excluding aircraft-a proxy for business spending-surged 1.6% after increasing 0.6% in July.
- The inventory-to-shipments ratio increased to 1.48 from 1.47 in July.
Big Picture
- The key takeaway from the report is that business spending was up solidly in August, notwithstanding an overall sluggish increase in factory orders.
| Category | AUG | JUL | JUN | May | APR |
| Factory Orders | 0.1% | 0.8% | -0.2% | -1.1% | 5.3% |
| Less Defense | 0.1% | 1.0% | -0.3% | -1.1% | 5.1% |
| Durable Goods | -0.1% | 0.9% | 0.6% | -4.0% | 8.5% |
| Nondurable Goods | 0.3% | 0.7% | -0.9% | 2.2% | 1.9% |
| Unfilled Factory Orders | 0.6% | 0.6% | 0.6% | 0.7% | 1.8% |
| Factory Shipments | 0.0% | 0.8% | 0.0% | 1.6% | 1.3% |
| Factory Inventories | 0.5% | 0.4% | 0.1% | 0.2% | 0.3% |
| Inventory/Shipment Ratio | 1.48 | 1.47 | 1.47 | 1.47 | 1.49 |
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