FOREX TradingCharts.com

Financial News: U.S. Factory Orders Pull Back 0.8% In April

U.S. Factory Orders Pull Back 0.8% In April

06/04/2019 - 10:21:00 (RTTNews)

(RTTNews) - After reporting a substantial increase in new orders for U.S. manufactured goods in the previous month, the Commerce Department released a report on Tuesday showing factory orders pulled back in the month of April.

The report said factory orders slumped by 0.8 percent in April after jumping by a downwardly revised 1.3 percent in March.

Economists had expected factory orders to drop by 0.9 percent compared to the 1.9 percent spike originally reported for the previous month.

Orders for durable goods led the pullback by factory orders, plunging by 2.1 percent in April after surging up by 1.7 percent in March. The steep drop came as orders for transportation equipment plummeted by 5.9 percent.

Meanwhile, the Commerce Department said orders for non-durable goods rose by 0.5 percent in April after climbing by 0.9 percent in March.

The report also said shipments of manufactured goods fell by 0.5 percent following two consecutive monthly increases, while inventories of manufactured goods edged up by 0.3 percent.

With shipments falling and inventories rising, the inventories-to-shipments ratio ticked up to 1.37 in April from 1.36 in March.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2019 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


RBA Minutes On Tap For Tuesday (03 hr(s), 50 min(s), 25 sec(s) ago)
(RTTNews) - The Reserve Bank of Australia will on Tuesday release the minutes from its June 4 meet ...Full Story»

ECB's Coeure: Tiering To Be Considered If Rates Have To Be Cut - FT (11 hr(s), 17 min(s), 25 sec(s) ago)
(RTTNews) - The European Central Bank Governing Council would consider the impact of negative inte ...Full Story»

U.S. Homebuilder Confidence Unexpectedly Pulls Back In June (11 hr(s), 33 min(s), 25 sec(s) ago)
(RTTNews) - After reporting a substantial improvement in U.S. homebuilder confidence in the previo ...Full Story»

New York Manufacturing Activity Unexpectedly Contracts In June (11 hr(s), 57 min(s), 25 sec(s) ago)
(RTTNews) - Manufacturing activity in New York took a sharp downward turn in the month of June, ac ...Full Story»

New York Manufacturing Activity Unexpectedly Contracts In June (13 hr(s), 06 min(s), 25 sec(s) ago)
(RTTNews) - Manufacturing activity in New York took a sharp downward turn in the month of June, ac ...Full Story»

Eurozone Labor Costs Growth Improves In Q1 (13 hr(s), 19 min(s), 25 sec(s) ago)
(RTTNews) - Eurozone labor costs increased at a slightly faster pace in the first quarter, Eurosta ...Full Story»

Germany GDP To Contract In Q2: Bundesbank (13 hr(s), 37 min(s), 25 sec(s) ago)
(RTTNews) - Germany's economy is set to contract slightly in the second quarter, Bundesbank sa ...Full Story»

UK Labor Costs Growth Lowest Since Mid-2017 (14 hr(s), 02 min(s), 25 sec(s) ago)
(RTTNews) - UK labor costs increased at the joint-lowest rate since mid-2017, the Office for Natio ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

RBA Minutes On Tap For Tuesday

06/17/2019 - 18:00 PM (RTTNews)
(RTTNews) - The Reserve Bank of Australia will on Tuesday release the minutes from its June 4 meet ...Full Story>>

ECB's Coeure: Tiering To Be Considered If Rates Have To Be Cut - FT

06/17/2019 - 10:33 AM (RTTNews)
(RTTNews) - The European Central Bank Governing Council would consider the impact of negative inte ...Full Story>>

U.S. Homebuilder Confidence Unexpectedly Pulls Back In June

06/17/2019 - 10:17 AM (RTTNews)
(RTTNews) - After reporting a substantial improvement in U.S. homebuilder confidence in the previo ...Full Story>>

New York Manufacturing Activity Unexpectedly Contracts In June

06/17/2019 - 09:53 AM (RTTNews)
(RTTNews) - Manufacturing activity in New York took a sharp downward turn in the month of June, ac ...Full Story>>

New York Manufacturing Activity Unexpectedly Contracts In June

06/17/2019 - 08:44 AM (RTTNews)
(RTTNews) - Manufacturing activity in New York took a sharp downward turn in the month of June, ac ...Full Story>>
Copyright © 2019. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.