US Factory Orders Decline 1% In May

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 6, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The new orders for US manufactured goods declined 1.0% in May following a revised 1.8% advance during the previous month, being a slightly steeper decrease than the 0.8% consensus forecast. Moreover, there was a 1.9% drop on a yearly basis in total orders, while excluding transport there was a 3.4%[​IMG]

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