RSS US November factory orders -0.4% vs -0.3% expected

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 RSS US November factory orders -0.4% vs -0.3% expected

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  • Prior was +0.2%
  • Factory goods orders ex transportation +0.2% vs +0.2% prior
  • Durable goods orders -1.2% vs -1.1% preliminary. Last month was +0.8%
  • Durable goods ex transportation -0.2% vs -0.1% preliminary. Last month +0.2%
  • Durable goods ex defense -0.4% versus -0.3% prior
  • Durable goods nondefense capital goods orders ex-air +0.4% versus +0.7% preliminary. Last month -0.1%

Factories have been struggling since the post-covid boom. There is some optimism about orders but it will take some time and some clarity on tariffs.

This article was written by Adam Button at www.forexlive.com.
 
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