Surprising Increase in U.S. Factory Orders in February
Tuesday, 2 April 2024, 14:02
U.S. Factory Orders Report for February:
The latest data shows a substantial increase of 1.4% in factory orders, reaching $576.8 billion, surpassing the consensus expectations of 1.0%. This growth comes after a revised decline of -3.8% in January, showing a promising rebound in manufacturing activities.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.