Factory Orders Plunge Twice as Much as Expected
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Posted On: 02/03/2022 4:34:14 PM
Re: energy_wave #77131
Factory Orders Plunge Twice as Much as Expected
https://www.breitbart.com/economy/2022/02/03/...-expected/
Quote:
New orders for U.S.-made goods fell twice as much as expected in January–and by even more than that in inflation-adjusted terms.
The Commerce Department said on Thursday that factory orders dropped 0.4 percent in December, the largest month-t0-month drop since the pandemic lockdown crash of April 2020. Economists had forecast orders tumbling just 0.2 percent.
https://www.breitbart.com/economy/2022/02/03/...-expected/
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