US factory orders for December 1.8% versus 2.2% estimate
US factory orders rebound Factory orders for December 1.8% versus 2.2% expected. Prior month -1.8% Durable goods unrevised 5.6% versus a 5.6% preliminary. Prior month -1.7% durable goods ex transportation x% versus -0.1% preliminary Durable goods Non Defense Cap ex-air -0.1% versus -0.2% preliminary Factory orders ex transportation -1.2% versus -1.2% last month (revise from […]
U.S. industrial output falls sharply in December, sparking talk of factory ‘recession’
The number: U.S. industrial production fell 0.7% in December, the Federal Reserve reported Wednesday. It is the biggest monthly decline since September 2021. The decline was steeper than economists expectations of a 0.1% decline, according to a survey by The Wall Street Journal. Output in November was revised down to a 0.6% drop, much worse […]
German factory orders fell in November to lowest level since July 2020
New orders at German factories declined sharply in November to their lowest level in more than two years, a sign of weakening demand for the country’s key manufacturing sector as the economy cools. Factory orders fell 5.3% on month in November, swinging from a 0.6% rise in October, according to price-adjusted data from the German […]