US Factory Orders ex Transportation (Nov) 0.2% (Prev. -0.1%, Rev. From -0.2%)
Newsquawk Staff ·
US Factory Orders ex Transportation (Nov) 0.2% (Prev. -0.1%, Rev. From -0.2%)
What it means
The November factory orders ex-transportation rose by 0.2%, a rebound from the previously revised decline of 0.2%. 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.
- US Factory Orders ex Transportation (Sep) 1.3% vs. Exp. 0.5% (Prev. 0.4%)
- US Factory Orders (Sep MM) 1.8% vs. Exp. 1.2% (Prev. 0.1%)
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