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MISS: Factory Orders Fall -4%

Rob Wile   

MISS: Factory Orders Fall -4%

Men sewing garments in factory

Flickr via Kheel Center, Cornell University

March 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.

Here's the full report.

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