Notizie economiche
02.08.2024

U.S. factory orders decline 3.3 per cent in June

The U.S. Commerce Department reported on Friday that the value of new factory orders declined by 3.3 per cent m-o-m in June, following an unrevised 0.5 per cent m-o-m decrease in May. This marked the steepest monthly drop in factory orders since January (-3.8 per cent m-o-m).

Economists had forecast a fall of 2.9 per cent m-o-m for June.

According to the report, orders for durable goods tumbled 6.7 per cent m-o-m in June, led by a plunge in transportation equipment (-20.6 per cent m-o-m). In addition, orders for nondurable goods slipped by 0.1 per cent m-o-m.

Total factory orders excluding transportation, a volatile part of the overall reading, rose by 0.1 per cent m-o-m (compared to an unrevised 0.7 per cent m-o-m decrease in May), while orders for nondefense capital goods excluding aircraft, a measure of business spending plans, increased 0.9 per cent m-o-m (compared to a 0.9 per cent m-o-m fall in May and instead of jumping 1.0 per cent m-o-m as reported last month).

Guarda anche