US Factory Goods Orders Decline in May 2024

Wednesday, 3 July 2024, 14:01
In May 2024, US factory goods orders experienced a 0.5% decrease, missing the anticipated 0.2% growth. The report outlines key details and implications of this decline, providing insights into the manufacturing sector's performance. The unexpected drop in orders signals potential challenges ahead for the US economy.
ForexLive
US Factory Goods Orders Decline in May 2024

US Factory Goods Orders for May 2024

Key Details:

  • Decrease: Orders fall by 0.5%
  • Estimate Missed: Below expected 0.2% growth

The latest data highlights the impact on the manufacturing industry and suggests potential economic headwinds.

Do you want to advertise here? Contact us

Related posts

Do you want to advertise here? Contact us
Do you want to advertise here? Contact us
Newsletter

We carefully select news from the world of finance and publish it for our users. We understand the importance of reliable and up-to-date information for people in the financial world. Do you want to receive news in a convenient format and always have it at hand — subscribe to our newsletter and make your analytical work more effective.

Subscribe