FOREX TradingCharts.com

Financial News: U.S. Factory Orders Pull Back More Than Expected

U.S. Factory Orders Pull Back More Than Expected In January

03/05/2020 - 10:39:00 (RTTNews)

(RTTNews) - New orders for U.S. manufactured goods pulled back by much more than expected in the month of January, according to a report released by the Commerce Department on Thursday.

The Commerce Department said factory orders slid by 0.5 percent in January after surging up by 1.9 percent in December. Economists had expected factory orders to edge down by 0.1 percent.

The report said orders for durable goods dipped by 0.2 percent in January after spiking by 2.8 percent in December, with the drop in durable goods orders unchanged from the estimate reported last week.

New orders for non-durable goods also slumped by 0.8 percent in January after jumping by 1.1 percent in the previous month.

The Commerce Department said shipments of manufactured goods also fell following three consecutive monthly increases, decreasing by 0.5 percent in January after climbing by 0.5 percent in December.

Inventories of manufactured goods also edged down by 0.1 percent in January after rising by 0.4 percent in the previous month.

With inventories and shipments both falling, the inventories-to-shipments ratio in January was unchanged from December at 1.40.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Private Sector Employment Edges Lower Ahead Of Full Impact Of Coronavirus (35 min(s), 49 sec(s) ago)
(RTTNews) - Reflecting a significant loss of jobs at small businesses, payroll processor ADP relea ...Full Story»

U.S. Private Sector Employment Dips Much Less Than Expected In March (01 hr(s), 36 min(s), 49 sec(s) ago)
(RTTNews) - Reflecting a significant loss of jobs at small businesses, payroll processor ADP relea ...Full Story»

UK Manufacturing Contracts On Covid-19 Disruption (01 hr(s), 37 min(s), 49 sec(s) ago)
(RTTNews) - UK manufacturing activity contracted in March due to the outbreak of the coronavirus, ...Full Story»

Eurozone Unemployment Rate Lowest Since March 2008 (01 hr(s), 45 min(s), 49 sec(s) ago)
(RTTNews) - Euro area jobless rate unexpectedly eased to its lowest level since in over a decade i ...Full Story»

Greece Manufacturing Activity Plummets To Near 5-year Low (01 hr(s), 49 min(s), 49 sec(s) ago)
(RTTNews) - Greece's manufacturing sector deteriorated sharply at the fastest pace in five yea ...Full Story»

Czech Manufacturing Sector Deterioration Sharply (01 hr(s), 53 min(s), 49 sec(s) ago)
(RTTNews) - The Czech Republic's manufacturing sector contracted sharply in March, amid a decl ...Full Story»

Poland Manufacturing Sector Contracts Most Since April 2009 (01 hr(s), 57 min(s), 49 sec(s) ago)
(RTTNews) - Poland's manufacturing sector shrank the most since April 2009, amid falling outpu ...Full Story»

Dutch Manufacturing Sector Expansion Slows As Covid-19 Hurt Demand (02 hr(s), 02 min(s), 49 sec(s) ago)
(RTTNews) - The Netherlands manufacturing sector expanded at a softer pace in March as demand weak ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Private Sector Employment Edges Lower Ahead Of Full Impact Of Coronavirus

04/01/2020 - 09:28 AM (RTTNews)
(RTTNews) - Reflecting a significant loss of jobs at small businesses, payroll processor ADP relea ...Full Story>>

U.S. Private Sector Employment Dips Much Less Than Expected In March

04/01/2020 - 08:27 AM (RTTNews)
(RTTNews) - Reflecting a significant loss of jobs at small businesses, payroll processor ADP relea ...Full Story>>

UK Manufacturing Contracts On Covid-19 Disruption

04/01/2020 - 08:26 AM (RTTNews)
(RTTNews) - UK manufacturing activity contracted in March due to the outbreak of the coronavirus, ...Full Story>>

Eurozone Unemployment Rate Lowest Since March 2008

04/01/2020 - 08:18 AM (RTTNews)
(RTTNews) - Euro area jobless rate unexpectedly eased to its lowest level since in over a decade i ...Full Story>>

Greece Manufacturing Activity Plummets To Near 5-year Low

04/01/2020 - 08:14 AM (RTTNews)
(RTTNews) - Greece's manufacturing sector deteriorated sharply at the fastest pace in five yea ...Full Story>>
Copyright © 2020. 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.