United States: Factory Orders worse than estimates at -0.6%
February 04, 2019 at 10:00 am EST
The consensus counted on 0.3%. The previous publication was -2.1%.
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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