Fannie 3.0 MBS are up 7 ticks on the day at 104-27...

- Factory Orders +4.8 pct vs +4.6 pct consensus

New orders for manufactured goods in September, up two of the last three months, increased $22.0 billion or 4.8 percent to $475.4 billion, the U.S. Census Bureau reported today. This followed a 5.1 percent August decrease. Excluding transportation, new orders increased 1.4 percent.

Shipments, up two of the last three months, increased $4.1 billion or 0.9 percent to $481.3 billion. This followed a 0.2 percent August decrease. Unfilled orders, up three of the last four months, increased $1.7 billion or 0.2 percent to $981.0 billion. This followed a 1.7 percent August decrease. The unfilled orders-to-shipments ratio was 6.24, down from 6.28 in August.

Inventories, up three consecutive months, increased $3.7 billion or 0.6 percent to $615.7 billion. This was at the highest level since the series was first published on a NAICS basis in 1992 and followed a 0.6 percent August increase. The inventories-to-shipments ratio was 1.28, unchanged from August.

The overnight session was relatively flat for bond...

- October NFP +171k vs +125k Consensus
- September revised up to 148k from 114k
- August Revised up to 192k from 142k
- UNR 7.9 vs 7.9 Consensus
- Labor Force Participation rate increased from 63.6 to 63.8
- Private Payrolls +184k vs +125k consensus

Total nonfarm payroll employment increased by 171,000 in October. Employment growth has averaged 157,000 per month thus far in 2012, about the same as the average monthly gain of 153,000 in 2011. In October, employment rose in professional and business services, health care, and retail trade.

The change in total nonfarm payroll employment for August was revised from +142,000 to +192,000, and the change for September was revised from +114,000 to +148,000.

Both the unemployment rate (7.9 percent) and the number of unemployed persons (12.3 million) were essentially unchanged in October, following declines in September.

Fannie 3.0 MBS are up 7 ticks on the day at 104-27...

- Factory Orders +4.8 pct vs +4.6 pct consensus

New orders for manufactured goods in September, up two of the last three months, increased $22.0 billion or 4.8 percent to $475.4 billion, the U.S. Census Bureau reported today. This followed a 5.1 percent August decrease. Excluding transportation, new orders increased 1.4 percent.

Shipments, up two of the last three months, increased $4.1 billion or 0.9 percent to $481.3 billion. This followed a 0.2 percent August decrease. Unfilled orders, up three of the last four months, increased $1.7 billion or 0.2 percent to $981.0 billion. This followed a 1.7 percent August decrease. The unfilled orders-to-shipments ratio was 6.24, down from 6.28 in August.

Inventories, up three consecutive months, increased $3.7 billion or 0.6 percent to $615.7 billion. This was at the highest level since the series was first published on a NAICS basis in 1992 and followed a 0.6 percent August increase. The inventories-to-shipments ratio was 1.28, unchanged from August.

The overnight session was relatively flat for bond...

- October NFP +171k vs +125k Consensus
- September revised up to 148k from 114k
- August Revised up to 192k from 142k
- UNR 7.9 vs 7.9 Consensus
- Labor Force Participation rate increased from 63.6 to 63.8
- Private Payrolls +184k vs +125k consensus

Total nonfarm payroll employment increased by 171,000 in October. Employment growth has averaged 157,000 per month thus far in 2012, about the same as the average monthly gain of 153,000 in 2011. In October, employment rose in professional and business services, health care, and retail trade.

The change in total nonfarm payroll employment for August was revised from +142,000 to +192,000, and the change for September was revised from +114,000 to +148,000.

Both the unemployment rate (7.9 percent) and the number of unemployed persons (12.3 million) were essentially unchanged in October, following declines in September.

- Factory Orders +4.8 pct vs +4.6 pct consensus

New orders for manufactured goods in September, up two of the last three months, increased $22.0 billion or 4.8 percent to $475.4 billion, the U.S. Census Bureau reported today. This followed a 5.1 percent August decrease. Excluding transportation, new orders increased 1.4 percent.

Shipments, up two of the last three months, increased $4.1 billion or 0.9 percent to $481.3 billion. This followed a 0.2 percent August decrease. Unfilled orders, up three of the last four months, increased $1.7 billion or 0.2 percent to $981.0 billion. This followed a 1.7 percent August decrease. The unfilled orders-to-shipments ratio was 6.24, down from 6.28 in August.

Inventories, up three consecutive months, increased $3.7 billion or 0.6 percent to $615.7 billion. This was at the highest level since the series was first published on a NAICS basis in 1992 and followed a 0.6 percent August increase. The inventories-to-shipments ratio was 1.28, unchanged from August.

- October NFP +171k vs +125k Consensus
- September revised up to 148k from 114k
- August Revised up to 192k from 142k
- UNR 7.9 vs 7.9 Consensus
- Labor Force Participation rate increased from 63.6 to 63.8
- Private Payrolls +184k vs +125k consensus

Total nonfarm payroll employment increased by 171,000 in October. Employment growth has averaged 157,000 per month thus far in 2012, about the same as the average monthly gain of 153,000 in 2011. In October, employment rose in professional and business services, health care, and retail trade.

The change in total nonfarm payroll employment for August was revised from +142,000 to +192,000, and the change for September was revised from +114,000 to +148,000.

Both the unemployment rate (7.9 percent) and the number of unemployed persons (12.3 million) were essentially unchanged in October, following declines in September.