US June factory orders -3.3% vs -2.9% expected- Prior was -0.5
- Factory orders ex transportation +0.1 vs +0.5% prior
- Shipments +0.5%
Revisions to durable goods orders
- June durable goods -6.7% versus a -6.6% preliminary. Prior month +0.1%
- Durable goods ex transportation +0.4% versus +0.5% preliminary
- Durable goods non-defense capital goods ex-air +0.9% versus +1.0% preliminary
The factory orders number is a slight miss but the change is small enough to be ignored by the market.
This article was written by Adam Button at www.forexlive.com.
Source: US June factory orders -3.3% vs -2.9% expected (https://www.forexlive.com/news/us-june-factory-orders-33-vs-29-expected-20240802/)
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