US Factory Orders MoM (Jan) M/M 0.1% (Prev. -0.7%, Low. -2%, High. 0.9%)
Newsquawk Staff ·
US Factory Orders MoM (Jan) M/M 0.1% (Prev. -0.7%, Low. -2%, High. 0.9%)
What it means
The US Factory Orders for January came in at a modest 0.1% increase, which, while a slight improvement from the previous month's decline of 0.7%, still indicates underlying weakness in manufacturing. This result may suggest a more cautious economic outlook and could reinforce the view that the recovery remains uneven, influencing market expectations around future policy actions and growth prospects.
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