Factory Orders Beat Slightly

April 8, 2019
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Factory Orders Beat Slightly

Factory orders month over month for February 2019 were down 0.5% vs estimates of -0.6%, slightly beating estimates.

The negative numbers most likely have to do with a hangover from the government shutdown at the turn of the year and continuing uncertainty over trade policy with China as negotiations drag on.

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CDM Staff

The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."
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