United States: Factory Orders worse than estimates at 0.1%
February 27, 2019 at 10:02 am EST
The consensus counted on 1.5%. The previous publication was -0.6%.
This statistic represents the change in the total value of new purchase orders from American manufacturers. It is aleading indicator of production, as a rising figure is a signal that manufacturers will have to increase their activity to fill the orders.
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