US October factory orders -3.6% vs -2.8% expected
Lowest analyzing in view that April 2020Prior turned into 2.8% (revised to 2.3%) Details: Factory orders ex-transportation for October -1.2% versus 0.8% remaining month (revised to 0.4%)Durable items order revised -5.4% versus -5.4% initial and 4.0% earlier monthDurable items ex-defense -6.7% versus -6.7% initial. Last month 5.0percentNondefense capital ex-air -0.3% versus -0.1% initial. Last month -0.2percentDurable items ex transportation 0.0% vs 0.0% initial. Last 0.2% These numbers may be skewed through massive one-off orders and on this case, the car strike turned into a large drag. It will get […]