Prior -1.4%
Slight delay in the release by the source. That’s a poor reading with the only saving grace being that this is already factored into the Q2 equation. The negative reading in June owes to a low level of new orders in other transport equipment (aircraft, ships, trains, military vehicles). That was seen down over 23% compared to the month before with new orders in autos (-7.6%) and metal products (-12.9%) also contributing to the drop.
This article was written by Justin Low at investinglive.com.