The Marked Chart Wire · Series of events
Series of events · Economic Data
US economic data shows mixed signals in November
A week of releases showed construction spending missing forecasts while factory orders and productivity beat expectations.
Updated
The flow in 3 points
- Construction spending fell 1.9 percent, missing the 0.3 percent gain forecast
- Factory orders rose 1.8 percent in October, above the 1.2 percent forecast
- Preliminary US productivity rose 3.6 percent, beating the 2.7 percent forecast
What happened, in order
Times are Eastern-
Where it began
Spending misses
Construction spending fell 1.9 percent, missing the 0.3 percent gain forecast, and ISM manufacturing prices paid index came in at 75.2.
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Orders beat
Factory orders rose 1.8 percent in October, above the 1.2 percent forecast, while job openings reached 7.523 million.
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Latest
Productivity jumps
Preliminary US productivity rose 3.6 percent, beating the 2.7 percent forecast, while unit labor costs fell 0.7 percent.
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How they connect
The series begins with construction spending missing expectations, followed by factory orders and job openings beating forecasts. The sequence concludes with productivity data also coming in above estimates.
A series is a short summary of connected news, for learning. Not verified and not advice. Check the full stories before you act.