Economic Buzz: US factory orders slide

The US factory orders saw a decline, suggesting potential headwinds for the manufacturing sector. Factory orders, which track the change in the total value of new purchase orders placed with manufacturers, fell by 0.3% in June. The decline in factory orders follow a downturn from the previous month?s figure of -1.1%, although it does indicate a slight improvement compared to that period.

Powered by Commodity Insights