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flag U.S. factory orders rose 1.4% in August, driven by strong transportation demand, despite missing forecasts.

flag U.S. factory orders rose 1.4% in August, rebounding from a 1.3% drop in July, according to the Census Bureau, with durable goods orders surging 2.9%—led by a 7.9% jump in transportation equipment. flag The gain slightly missed economist expectations of a 1.5% increase. flag Shipments dipped 0.1%, while inventories remained nearly flat. flag Core orders excluding transportation rose 0.1% monthly, with core shipments falling 0.4%. flag The data, delayed by the government shutdown, reflects a modest rebound in manufacturing demand, though overall trends remain mixed.

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