US Factory Orders Rebounded In May

Jul 2nd 2021 10:08am EDT

US Factory Orders Rebounded In May After a disappointing and surprising drop in April (initially down 0.6% MoM but upwardly revised to a 0.1% drop), US Factory Orders rebounded strongly in May (up 1.7% MoM)… Source: Bloomberg Core factory orders also rose (up 0.7% MoM) but that pace was slowed than April 1.0% MoM rise. […]

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