Recent Updates
- Sweden: Consumer Confidence Survey (Nov), Domestic Supply Price Index, PPI, Home Sales, MFI assets and liabilities, Public Finance (Oct)
- Hungary: Investment Outlays (Q3)
- France: INSEE Monthly Household Survey (Nov)
- more updates...
Economy in Brief
U.S. New Home Sales Almost Unchanged Since August
New single-family home sales around the country changed very little in October and also in September...
U.S. Q3 Growth GDP Unrevised at 33.1%; Corporate Profits Rebound
The second estimate of Q3 U.S. real GDP indicated that economic activity rose an unrevised 33.1% q/q...
U.S. Durable Goods Orders Rise Further in October
Manufacturers’ orders for durable goods increased 1.3% m/m (-0.3% y/y) in October...
U.S. Goods Trade Deficit Deepens During October
The advance estimate of the U.S. trade deficit in goods deepened to $80.29 billion during October...
U.S. Initial Jobless Claims Rise for a Second Week
Initial claims for regular state unemployment insurance rose again this past week ending November 21 to 778,000...
Viewpoints
Commentaries are the opinions of the author and do not reflect the views of Haver Analytics.
by Tom Moeller March 31, 2005
Factory inventories added 0.5% in February to the prior month's 1.5% spurt. Less petroleum inventories which fell 0.4% (16.7% y/y) the total increased 0.6% (8.3% y/y).
Factory shipments fell 0.9% in part reflecting a 2.9% drop in transportation equipment (-5.1% y/y). Less transportation shipments fell 0.6% (+13.3% y/y).
Orders to the factory sector rose 0.2%. The advance report of a 0.3% rise in durable goods was revised to 0.5% (+7.8% y/y). Nondefense capital goods orders less aircraft fell 1.7% (14.2% y/y).
Unfilled orders jumped 0.6%. The ratio of unfilled orders to shipments for durables recovered most of the prior two months' declines.
| Factory Survey (NAICS) | Feb | Jan | Y/Y | 2004 | 2003 | 2002 |
|---|---|---|---|---|---|---|
| Inventories | 0.5% | 1.5% | 8.6% | 7.5% | -1.3% | -1.8% |
| New Orders | 0.2% | -0.0% | 10.0% | 10.9% | 3.7% | -1.9% |
| Shipments | -0.9% | 1.1% | 10.4% | 10.5% | 2.6% | -2.0% |
| Unfilled Orders | 0.6% | -0.0% | 8.8% | 9.1% | 4.2% | -6.1% |
