Other details from the Census Department:
New orders: ↓ 4.8% to $611.7B (after +8.3% in May)
Shipments: ↑ 0.5% to $602.4B (second monthly gain)
Unfilled orders: ↑ 1.0% to $1,469.9B (11 of last 12 months higher)
Unfilled orders-to-shipments ratio: ↑ to 7.03 (from 6.98)
Inventories: ↑ 0.2% to $945.6B (up 8 of last 9 months)
Inventories-to-shipments ratio: steady at 1.57
Oh No! The number was down sharply this month. Is it manipulated? Or is it manipulation only on the revisions? /S
Looking at the last three months, there has been declines -3.9% and -4.8%. Add them up is -8.7%. That offset the gain of 8.3%. If you look at the 4 months which is more or less corresponding with tariff season, the 4 month saw factory orders increase by 3%.
What we can conclude is the volatility is increased as a result of the tariff uncertainty, front running, etc.
This article was written by Greg Michalowski at investinglive.com.Hence then, the article about us factory orders for june 4 8 versus 4 8 estimate was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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