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Story perspectives

U.S. Factory Orders Dip, December Recovery Hopes Rise

1/7/2025

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Summary

Story summary

U.S. factory orders decreased by 0.4% in November, primarily due to a 1.2% decline in durable goods orders.
Shipments saw a slight increase of 0.1%, and inventories rose by 0.3%, resulting in an inventories-to-shipments ratio of 1.47.
A survey suggests optimism for a recovery in factory production in December.

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Story summary

U.S. factory orders decreased by 0.4% in November, primarily due to a 1.2% decline in durable goods orders.
Shipments saw a slight increase of 0.1%, and inventories rose by 0.3%, resulting in an inventories-to-shipments ratio of 1.47.
A survey suggests optimism for a recovery in factory production in December.