Open a Live Account!

Open a Free Practice Account

Open a free practice account and experience the Forex market risk-free with exclusive access to VT Trader™ 2.0.

Simulated conditions may differ from real conditions, and traders should not necessarily expect the same results from live trading.

www.cmsfx.com
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: CBI Industrial Trends Orders

Most Recent Release

March
18th, 2010
Actual Forecast Previous Revised Form
-37 -33 -36 N/A

For March
Provided by: Confederation of British Industry
Official Release: News Release

From the Release: "Overseas demand for UK-made goods is continuing to recover with export order books the least depressed since August 2008, according to a CBI survey. But the business group warned that overall demand remains weak.

Of the 499 manufacturers responding to the CBI's monthly Industrial Trends Survey in March, 22% said export orders were above normal and 40% said they were below normal. The resulting balance of -18% is an improvement on the previous month's figure of -23%, and the highest since August 2008 (-9%).

Total order books remain depressed, reflecting the continued weakness of domestic demand. 14% of manufacturers said they were above normal, while 51% said they were below normal. The resulting balance of -37% is broadly unchanged from the previous two months."

Table of Past Data

5/206/187/228/199/1710/2111/181/212/183/18
Actual-56-51-59-54-48-51-45-39-36-37
Forecast-50-45-46-50-49-45-47-39-35-33
Previous-57-56-51-59-54-48-51-42-39-36
Revised FromN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A

Past Releases

February
18th, 2010
Actual Forecast Previous Revised Form
-36 -35 -39 N/A

For December
Provided by: Confederation of British Industry
Official Release: News Release

From the Release: "Exports order books are continuing to improve thanks to the continued weakness of Sterling and improving global demand. 14% of firms said exports were above normal and 38% said they were below normal. The resulting rounded balance of -23% is the least negative since August 2008 and in line with the survey average.

Total order books, however, remain more depressed. 10% of manufacturers said they were above normal, while 46% said they were below normal. The resulting balance of
-36% is the least negative since December 2008, and a modest improvement on the previous month's balance of -39%."

January
21st, 2010
Actual Forecast Previous Revised Form
-39 -39 -42 N/A

For January
Provided by: Confederation of British Industry
Official Release: News Release

Factory orders fell at the slowest pace in a year in January, while manufacturing output in the last three months rose at its fastest pace in 3 years. The data adds to other positive releases from the UK this week including a strong monthly jobs report and stronger-than-expected consumer inflation. The Confederation of British Industry's monthly industrial trends survey's total order book balance improved to -39 from -42 in December. The export orders balance rose to its highest since December 2008, at -33. In a quarterly report that accompanied the release showed a more marked improvement over the past thre months and suggested companies were their most optimistic in alsmot three years.

November
18th, 2009
Actual Forecast Previous Revised Form
-45 -47 -51 N/A

For November
Provided by: Confederation of British Industry
Official Release: News Release

From the Release: "Demand for UK manufactured goods remains very weak, but is less depressed than it has been for much of 2009, and over the next three months firms expect output to grow slightly, the CBI said today.

Responding to the CBI's latest monthly Industrial Trends Survey, 27% of manufacturers anticipate a higher volume of output over the next three months, while 23% said it would fall. The balance of +4% marks the second consecutive month where marginal output growth is expected.

A balance of 45% of firms said total order book levels were below normal, which was a slight improvement on October (-51%), and the least negative since December 2008 (-35%)."

October
21st, 2009
Actual Forecast Previous Revised Form
-51 -45 -48 N/A

For October
Provided by: Confederation of British Industry
Official Release: News Release

September
17th, 2009
Actual Forecast Previous Revised Form
-48 -49 -54 N/A

For September
Provided by: Confederation of British Industry
Official Release: News Release

From the Release: "Manufacturers' order books remained depressed last month, with demand for UK-made goods at home and abroad still very weak, and firms expecting little change in production in the coming quarter.

Of the 555 UK manufacturers responding to the CBI's latest monthly Industrial Trends Survey, 8% of firms described the volume of their total order books as above normal, while 56% said they were below normal, giving a balance of -48%. That was a slight improvement on the balance of -54% in August, but is the 15th consecutive month where a negative balance has been recorded."

August
19th, 2009
Actual Forecast Previous Revised Form
-54 -50 -59 N/A

For August
Provided by: Confederation of British Industry
Official Release: News Release

From the Release: "Manufacturers have endured another difficult month but, following months of destocking, their outlook for production over the three months ahead is the least negative since June 2008, the CBI said today (Wednesday).

Answering its latest Industrial Trends Survey, 32% of UK manufacturers said they expected the volume of output to fall over the next three months, while 27% said it should increase. Although the resulting balance of -5% represents a slight fall in output, it is the least negative prediction since June 2008 (+2%).

Demand remains very weak however, with a balance of 54% of manufacturers reporting that total order books are below normal. This was a slight improvement on July's 17-year low (-59%) but marked the seventh consecutive month that orders have remained significantly below par."

July
22nd, 2009
Actual Forecast Previous Revised Form
-59 -46 -51 N/A

For July
Provided by: Confederation of British Industry
Official Release: News Release

June
18th, 2009
Actual Forecast Previous Revised Form
-51 -45 -56 N/A

For June Provided by: Confederation of British Industry
Official Release: News Release

From the Release: "Export orders are no better than they were a few months ago, reflecting the continued weakness of overseas demand for UK-made goods. As such, conditions for UK manufacturers remain challenging with volumes of total orders still at very weak levels.

"However, manufacturing firms do expect output to fall at a much slower pace compared to the beginning of the year, as the drastic action they have taken to reduce stocks appears to be paying off. Although the stock position somewhat improved on previous months, stock levels remain high relative to demand."

While 10% of firms reported total order books above normal, 61% said they were below normal, giving a balance of -51%. That is a slight improvement on the previous four months when the balance hovered between -56% and -58%."

May
20th, 2009
Actual Forecast Previous Revised Form
-56 -50 -57 N/A

For May
Provided by: Confederation of British Industry
Official Release: News Release

From the Release: "The UK's manufacturing firms expect the pace of decline in output to slow markedly in the next quarter, suggesting they believe the toughest phase of the recession may be behind them.

In the CBI's monthly Industrial Trends survey for May, 17% of the 575 firms surveyed said they expect the volume of output to increase over the next three months, against 34% who anticipate a fall.

The resulting balance of -17% is a marked improvement on the previous month (a balance of - 32%), and takes the measure back to where it was before the collapse of Lehman Brothers last September (a balance of -16%).

Demand for UK-made goods remains weak with 10% of firms reporting above normal total order books in May, while 66% said they were below normal. The resulting balance of -56% is broadly unchanged from each of the previous three months.