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Indicator Digest

Factory Orders
Measures the value of new purchase orders for manufacturing goods, both durable and non-durable. factory orders are a key indicator to the strength of the industrial and manufacturing sectors of an economy.

Main Indicator: Factory Orders m/m

Most Recent Release

March
5th, 2010
Actual Forecast Previous Revised Form
4.3% 1.6% -1.6% -2.3%

Table of Past Data

5/76/87/78/69/710/711/612/71/73/5
Actual3.3%0.0%4.4%4.5%3.5%1.4%0.9%-2.1%0.2%4.3%
Forecast-0.9%0.0%0.6%0.6%2.0%1.2%1.0%0.6%1.6%1.6%
Previous-3.1%3.7%0.1%4.4%3.8%3.5%1.4%1.3%-1.9%-1.6%
Revised From-3.5%3.3%0.0%N/A4.5%N/AN/A0.9%-2.1%-2.3%

Past Releases

January
7th, 2010
Actual Forecast Previous Revised Form
0.2% 1.6% -1.9% -2.1%

For November (s.a.)
Provided by: The Ministry of Economics and Technology

Orders y/y: 1.8%, pr. -8.5% (Oct), -12.8% (Sep), -20.4% (Aug),
-19.8% (Jul), -25.3% (Jun), -29.4% (May), -37.1% (Apr),
-26.7% (Mar), -38.2% (Feb), -37.9% (Jan), -25.1% (Dec),
-27.2% (Nov), 17.3% (Oct), -2.7% (Sep), -7.6% (Aug), -0.3% (Jul)

December
7th, 2009
Actual Forecast Previous Revised Form
-2.1% 0.6% 1.3% 0.9%

For October (s.a.)
Provided by: The Ministry of Economics and Technology

Orders y/y: -8.5%, pr. -12.8% (Sep), -20.4% (Aug), -19.8% (Jul),
-25.3% (Jun), -29.4% (May), -37.1% (Apr), -26.7% (Mar),
-38.2% (Feb), -37.9% (Jan), -25.1% (Dec), -27.2% (Nov),
17.3% (Oct), -2.7% (Sep), -7.6% (Aug), -0.3% (Jul), -6.0% (Jun)

November
6th, 2009
Actual Forecast Previous Revised Form
0.9% 1.0% 1.4% N/A

For September (s.a.)
Provided by: The Ministry of Economics and Technology

Orders y/y: pr. -20.4% (Aug), -19.8% (Jul), -25.3% (Jun),
-29.4% (May), -37.1% (Apr), -26.7% (Mar), -38.2% (Feb),
-37.9% (Jan), -25.1% (Dec), -27.2% (Nov), 17.3% (Oct),
-2.7% (Sep), -7.6% (Aug), -0.3% (Jul), -6.0% (Jun)

October
7th, 2009
Actual Forecast Previous Revised Form
1.4% 1.2% 3.5% N/A

For August (s.a.)
Provided by: The Ministry of Economics and Technology

Orders y/y: -20.4%, pr. -19.8% (Jul), -25.3% (Jun), -29.4% (May),
-37.1% (Apr), -26.7% (Mar), -38.2% (Feb), -37.9% (Jan),
-25.1% (Dec), -27.2% (Nov), 17.3% (Oct), -2.7% (Sep),
-7.6% (Aug), -0.3% (Jul), -6.0% (Jun)

September
7th, 2009
Actual Forecast Previous Revised Form
3.5% 2.0% 3.8% 4.5%

For July (s.a.)
Provided by: The Ministry of Economics and Technology

Orders y/y: -19.8%, pr. -25.3% (Jun), -29.4% (May), -37.1% (Apr),
-26.7% (Mar), -38.2% (Feb), -37.9% (Jan), -25.1% (Dec),
-27.2% (Nov), 17.3% (Oct), -2.7% (Sep), -7.6% (Aug), -0.3% (Jul),
-6.0% (Jun)

August
6th, 2009
Actual Forecast Previous Revised Form
4.5% 0.6% 4.4% N/A

For June (s.a.)
Provided by: The Ministry of Economics and Technology

Orders y/y: -25.3%, pr. -29.4% (May), -37.1% (Apr), -26.7% (Mar),
-38.2% (Feb), -37.9% (Jan), -25.1% (Dec), -27.2% (Nov),
17.3% (Oct), -2.7% (Sep), -7.6% (Aug), -0.3% (Jul), -6.0% (Jun)

July
7th, 2009
Actual Forecast Previous Revised Form
4.4% 0.6% 0.1% 0.0%

For May (s.a.)
Provided by: The Ministry of Economics and Technology

Orders y/y: -29.4%, forecast -31.2%, pr. -37.1%, -26.7% (Mar),
-38.2% (Feb), -37.9% (Jan), -25.1% (Dec), -27.2% (Nov),
17.3% (Oct), -2.7% (Sep), -7.6% (Aug), -0.3% (Jul), -6.0% (Jun)

June
8th, 2009
Actual Forecast Previous Revised Form
0.0% 0.0% 3.7% 3.3%

For April (s.a.)
Provided by: The Ministry of Economics and Technology

Orders y/y: -37.1%, forecast -33.0%, pr. -26.7% (Mar), -38.2% (Feb),
-37.9% (Jan), -25.1% (Dec), -27.2% (Nov), 17.3% (Oct), -2.7% (Sep),
-7.6% (Aug), -0.3% (Jul), -6.0% (Jun), -2.5% (May)

May
7th, 2009
Actual Forecast Previous Revised Form
3.3% -0.9% -3.1% -3.5%

For March (s.a.)
Provided by: The Ministry of Economics and Technology

Orders y/y: -26.7%, forecast -35.8%, pr. -38.2% (Feb), -37.9% (Jan),
-25.1% (Dec), -27.2% (Nov), 17.3% (Oct), -2.7% (Sep), -7.6% (Aug),
-0.3% (Jul), -6.0% (Jun), -2.5% (May)

March's factory orders climbed 3.3%, surprising forecasts that had called for a close to 1% drop. The increase reversed the upwardly revised 3.1% decline seen in February and is another sign that the Euro-zone's recession may be moderating. Its the first increase in orders since a 3.6% climb in August, which preceded the meltdown in financial markets last Fall. Business confidence has begun to rebound from decade-lows as stimulus plans and a campaign to reduce interest rates have lowered borrowing costs. The increase was led by bulk orders, with export sales increasing 5.6%. Domestic demand rose 1.1%. Expectations for the Euro-zone economy still remain rather weak, with growth expected to shrink around 6% this year. That has led the ECB to announce a plan to buy bonds following today's ECB meeting.