Free Trial

Mar factory orders +1.6%, slightly above....>

US DATA
US DATA: Mar factory orders +1.6%, slightly above the +1.4% exp, with 
durable goods orders unrev at +2.6%. Nondurable goods orders +0.5% on 
petro and coal products. 
- Excluding the +7.6% surge in transportation orders, factory orders 
would have been +0.3%. 
- Nondefense capital goods new orders +5.8%, but -0.4% ex aircraft.    
- Total factory shipments were +0.4% in Mar, with nondefense capital 
goods shipments +2.1%, but -0.8% ex aircraft.
- Factory inventories +0.3%, so combined with the advance estimates for 
retail (-0.4%) and wholesale inventories (+0.5%), this would result in 
+0.1% for business inventories.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.