HomeBlogUncategorizedUS factory orders data throttled lower in revisions

US factory orders data throttled lower in revisions

March factory orders revised to +3.4% from +4.3%Ex transport to -0.4% from -0.2%Nondefense capital goods orders ex air -0.2% vs +0.1%

The amount of times this report is revised is dizzying but this will be a drag on Q1 GDP when it’s revised.

This article was written by Adam Button at www.forexlive.com.


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