Factory Orders (MoM)

Actual
1.6%
Previous
1.2%
Forecast
1.6%

The Factory orders released by the United States Census Bureau is a measure of the total orders of durable and non durable goods such as shipments (sales), inventories and orders at the manufacturing level which can offer insight into inflation and growth in the manufacturing sector. Normally, a high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).

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