MISS: Factory Orders Fall -4%
Flickr via Kheel Center, Cornell UniversityMarch factory orders fell -4%.
Consensus estimates were for a -2.9% decline.
Prior was revised lower to +1.9% from +3.0%.
Shipments of manufactured durable goods in March, up six of the last seven months, increased $1.1 billion or 0.5 percent to $230.4 billion, revised from the previously published 0.4% increase.
This was at the highest level since the series was first published on a NAICS basis, and followed a 0.9% February increase.