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US factory orders fall by 1.7% in February

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 4, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Orders to US factories dropped by 1.7% in February, the Commerce Department reported on Monday.

    Factory orders fell by more than the 1.6% decline expected following an equal increase in January.

    Meanwhile, February durable-goods orders were revised down to -3% versus -2.8% initially estimated.
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