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The story in brief
US factory orders rose 0.1% in August, matching consensus, after a 0.9% increase in July, the report showed on October 2, 2026. Excluding transportation, orders advanced 0.3%, softer than the prior month. Revisions trimmed overall and ex-transportation readings modestly, while core nondefense capital goods orders excluding aircraft held a 1.6% gain.
Key takeaways
- Headline factory orders up 0.1%, in line with expectations
- Ex-transportation orders increased 0.3%; prior month stronger
- Core capital goods (ex-aircraft, nondefense) retained a 1.6% rise
Mortgage-market context
If manufacturing demand weakens, growth and inflation pressures could ease, which sometimes reduces upward pressure on mortgage rates. This is a general relationship, not a direct prediction based on the report.
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