US Factory Orders ex Transportation (Nov) 0.2% (Prev. -0.1%, Rev. From -0.2%)

The November factory orders ex-transportation rose by 0.2%, a rebound from the previously revised decline of 0.2%.

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US Factory Orders ex Transportation (Nov) 0.2% (Prev. -0.1%, Rev. From -0.2%)

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SNB's Schlegel says domestic growth is more resilient than expected. Domestic price pressure have barely moved.

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This improvement could signal a stabilization in manufacturing activity, potentially easing concerns about a broader economic slowdown. Market participants may interpret this as a supportive sign for growth, which could influence future policy discussions around interest rates.

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