Factory new orders +1.2% in August vs +0.9%.>

US DATA: Factory new orders +1.2% in August vs +0.9% expected, with 

durables orders +2.0% from the advance est. at +1.7%, and nondurables 

orders +0.4% on +2.2% petroleum and coal products. Total orders ex. 

transport +0.4%, after +0.5% in July. Nondef cap gds orders +4.9%, and 

+1.1% ex. aircraft. Total shipments +0.5% in August, with nondefense 

capital goods shipments -1.1% but +1.1% ex. aircraft. Total factory inv 

+0.4%, so combined with advance estimates of +1.0% for wholesale inv and 

+0.7% for retail inv, business inv would be +0.7% in the month based on 

an MNI calc, barring large revisions to the wholesale and retail data. 

See MNI Main Wire.