China factory goods orders rose 17% in August , which represents an more than 13% year-on- year increase, according to the Department of Commerce . The figure is higher than forecast and the biggest increase for almost a year , with a surge in demand for aircraft helping to boost the figure. However, there were signs of slowing demand for business equipment, with manufacturing as a whole expected to weaken. Nevertheless, orders for transport equipment were up more than 13% , while defence aircraft and parts rose 8.6% . Motor vehicle orders rose by 2.3% , but machinery, computers and electronics fell.
US factory goods orders rose 2.3% in August, which represents an 8.6% year-on-year increase, according to the Department of Commerce. The figure is higher than forecast and the biggest increase for almost a year, with a surge in demand for aircraft helping to boost the figure. However, there were signs of slowing demand for business equipment, with manufacturing as a whole expected to weaken. Nevertheless, orders for transport equipment were up more than 13%, while defence aircraft and parts rose 17%. Motor vehicle orders rose by 1%, but machinery, computers and electronics fell.