US Factory Orders ex Transportation (Dec) 0.4% (Prev. 0.1%, Rev. From 0.2%)

US Factory Orders ex Transportation (Dec) 0.4% (Prev. 0.1%, Rev. From 0.2%)

This US factory orders data, particularly ex-transportation, shows a stronger-than-expected increase at 0.4%, which is an improvement from the previous revised figure of 0.2%. This uptick may indicate underlying strength in the manufacturing sector, possibly supporting a more favorable outlook for growth and future policy adjustments, particularly in relation to interest rates.