US Factory Orders ex Transportation (Mar) 1.6% (Prev. 1.2%)

The March factory orders ex-transportation rose by 1.6%, outpacing the prior month's increase of 1.2%.

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US Factory Orders ex Transportation (Mar) 1.6% (Prev. 1.2%)

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This suggests a strengthening in core manufacturing activity, potentially reflecting robust demand in sectors outside transportation and implying positive momentum for the economy. Such strength may influence expectations around monetary policy, particularly in terms of growth and inflation dynamics.

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