US Factory Orders Surge in July, Beating Economic Forecasts
New data shows that US factory orders jumped significantly in July, surpassing analyst predictions and ending a two-month streak of declines. The rebound suggests strengthening industrial demand and provides a positive indicator for the broader manufacturing sector.
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U.S. Factory Orders Jumped in July - Morningstar
U.S. Factory Orders Jumped in July Morningstar
Read full article →Factory orders rise more than expected in July after two straight months of decline
Read full article →Rise in US factory orders beats expectations in July
By Reuters
Read full article →Factory Orders Rebound Strongly in July
Factory Orders Rebound Strongly in July Despite Manufacturing PMIs sliding, US Factory orders were expected to rebound from a two-month decline in July (the latest data reported today) and rebound they did, rising 0.9% MoM (more than the expected 0.7% increase) with June's 0.3% decline revised up to a 0.2% decline... That is the best monthly rise since April, lifting orders up 9.9% YoY - the second best annual gain since Oct 2022! Core Factory orders rose 0.6% MoM (significan...
By Tyler Durden
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