IPFS News Link • Business/ Commerce
US Factory Orders Disappoint In February... Before Lockdowns Even Began
• https://www.zerohedge.com by Tyler DurdenHowever, unsurprisingly, Factory Orders were flat (0.0% MoM) in February (below the +0.2% expectations). However, this did lift the YoY change in factory orders into the green (barely) at +0.1% YoY - the first annual gain since July
Source: Bloomberg
Ex-Transports, factory-orders tumbled 0.9% MoM (the worst since Nov 2018), and YoY declined 0.1%...