{"id":425964,"date":"2026-01-29T22:25:11","date_gmt":"2026-01-29T15:25:11","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/01\/us-november-factory-orders-2-7-vs-1-6-expected\/"},"modified":"2026-01-29T22:25:11","modified_gmt":"2026-01-29T15:25:11","slug":"us-november-factory-orders-2-7-vs-1-6-expected","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/01\/us-november-factory-orders-2-7-vs-1-6-expected\/","title":{"rendered":"US November factory orders +2.7% vs +1.6% expected"},"content":{"rendered":"<div>\n<ul>\n<li>Prior was -1.3%<\/li>\n<li>Ex transport +0.2% vs -0.2% prior<\/li>\n<\/ul>\n<p>Revisions to November durable goods orders:<\/p>\n<ul>\n<li>Durable goods +5.3% vs 5.3% prelim<\/li>\n<li>Non-defense capital goods orders ex-air +0.4% vs +0.7% prelim<\/li>\n<\/ul>\n<p>The factory orders report is good news but much of the gain disappears when you strip out transportation, which is volatile. The downgrade to November non-defense cap goods orders ex air is a mild disappointment.<\/p>\n<p>Background:<\/p>\n<p data-path-to-node=\"0\">The Full Report on Manufacturers&#8217; Shipments, Inventories, and Orders\u2014commonly known as the Factory Orders report\u2014is a comprehensive monthly release from the U.S. Census Bureau. It serves as a vital barometer for the health of the U.S. industrial sector, tracking the dollar value of new purchase orders placed with domestic manufacturers.<\/p>\n<p data-path-to-node=\"2\">Unlike the earlier &#8220;Advance&#8221; Durable Goods report, which only covers items intended to last three years or more (such as cars, appliances, and aircraft), the Factory Orders report provides a complete picture by including non-durable goods. These are fast-moving items like food, chemicals, and textiles. Roughly half of all factory orders are durable goods, making this report essential for understanding total manufacturing demand.<\/p>\n<p data-path-to-node=\"4\">A critical feature of the Factory Orders report is that it contains the final revisions to the durable goods data released approximately one week prior. Because the initial &#8220;Advance&#8221; report is based on early, incomplete survey samples, it is notoriously volatile. The Factory Orders release incorporates more detailed data and a larger sample size, often leading to significant adjustments in the durable goods figures.<\/p>\n<p data-path-to-node=\"4\">Also released was the wholesale inventories report:<\/p>\n<ul>\n<li>Inventories +0.2% vs +0.2% expected<\/li>\n<li>Wholesale sales +1.3% vs -0.4% prior<\/li>\n<\/ul>\n<p>These numbers are solid and should help GDP, thought today&#8217;s weak trade balance report will undoubtedly lead to a (large) downward revision to the Q4 GDP tracker from the Atlanta Fed later today.<\/p>\n<p>                            This article was written by Adam Button at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Prior was -1.3% Ex transport +0.2% vs -0.2% prior Revisions to November durable goods orders: Durable goods +5.3% vs 5.3% prelim Non-defense capital goods orders ex-air +0.4% vs +0.7% prelim The factory orders report is good news but much of the gain disappears when you strip out transportation, which is volatile. The downgrade to November [&hellip;]<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-425964","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/425964","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=425964"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/425964\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=425964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=425964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=425964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}