US Nov factory orders revised down due to Census error

WASHINGTON, Jan 27 (BestGrowthStock) – Orders for U.S. manufactured
goods in November were lower than initially reported because of
a processing error, the U.S. Census Bureau said on Wednesday.

November factory orders rose by 0.6 percent from the
previous month, not 1.1 percent as reported on Jan. 5.

Durable goods orders fell 0.7 percent in November. That
figure had been reported as an increase of 0.2 percent.

“The Census Bureau identified a processing error that
occurred when revising historic seasonally adjusted data for
the November (data month) releases,” Census said in a notice
posted on its website. “The data have been corrected.”

The corrected data is available here:
http://www.census.gov/manufacturing/m3/historical_data/histshts/naics/naicsnop.xls

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(Reporting by Emily Kaiser, Editing by Chizu Nomiyama)

US Nov factory orders revised down due to Census error