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United States: Factory Orders worse than estimates at -2.1%

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12/06/2018 | 10:01am EDT

The consensus counted on -1.9%. The previous publication was 0.7%.

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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