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Factory Orders ex Transportation

Name: Factory Orders ex Transportation
Creator: TipRanks

The 'Factory Orders ex Transportation' report in the USA measures the total value of new purchase orders placed with manufacturers, excluding the transportation sector. This metric is important as it provides insights into the underlying demand for manufactured goods without the volatility caused by large transportation orders, such as aircraft. It is a key indicator of manufacturing sector health and can influence financial markets by impacting expectations for economic growth and monetary policy. Investors and policymakers closely watch this report to gauge the strength of the industrial sector and its potential impact on GDP.