Prior month 0.2%

  • manufacturing sales for October-0.1% versus +0.4% expected
  • prior month was on revise that +0.2%
  • manufacturing sales ex-autos -0.3% versus -0.5% in September
  • unfilled orders +1.4%
  • inventories +1.0%
  • inventory to sell ratio 1.46
  • new orders +2.4% versus -1.4% in September (revised from -0.3%)
  • factory sales were down on wood, metals

The USDCAD has moved higher (weaker CAD) after the weaker than expected data.