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Q1 Non-farm Up, Factory Orders Up, Durable Goods as Forecast

May 2, 2019
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Q1 non-farm productivity rose to 3.6%, up to levels not seen since 2015, a good signal for growth outlook. US factory orders surpassed expectations, registering gains of 1.9% for March vs. a market forecast of 1.6%. Durable goods came in as expected at 2.6%, but the non-defense capital goods reading (ex-aircraft) was a bit higher at 1.4%.

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CD Media 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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