Total manufacturing orders were up 1.7% MoM in January, mostly in line with the forecast of 1.6% MoM, after declines of -0.6% MoM in December and -0.8% MoM in November.

• Durable goods orders were revised up from the advance number by 0.1 ppts to 3.2% MoM.
• Ex transport manufacturing orders were up just 0.2% MoM and 2.3% YoY, confirming a stable uptrend.
• Nondurable goods orders were up 0.3% MoM and 2.8% YoY.
• Manufacturing shipments increased 0.4% MoM boosted by capital goods shipments up 2.6% MoM, construction materials down -0.3% MoM, and consumer goods shipments flat.

• Nondefense capital goods (ex-aircraft) orders were up 0.8% MoM, the second strong month in the last three months.