
US Factory Orders Plunged In April
After surging in March – tariff-frontrunning dominated with the largest MoM rise since July 2020 – US Factory Orders tumbled 3.7% in April (worse than the 3.2% MoM decline expected). Also, the 4.3% rise in March was revised down to a 3.4% MoM rise…
Source: Bloomberg
The MoM drop was the biggest since Jan 2024 as tariff-frontrunning faded, dragging the headline orders down to just +0.9% YoY.
Core Factory Orders (excluding the more volatile Transportation sector) fell for the second straight month, down 0.5% MoM
Source: Bloomberg
That weakness dragged core factory orders down 0.08% YoY.
Is the ‘hard’ data and ‘soft’ data about to start converging?
Or is this ‘transitory’?
Tyler Durden
Tue, 06/03/2025 – 10:09
ZeroHedge News
Bitcoin
Ethereum
Monero

Donate Bitcoin to The Bitstream
Scan the QR code or copy the address below into your wallet to send some Bitcoin to The Bitstream

Donate Ethereum to The Bitstream
Scan the QR code or copy the address below into your wallet to send some Ethereum to The Bitstream

Donate Monero to The Bitstream
Scan the QR code or copy the address below into your wallet to send some Monero to The Bitstream
Donate Via Wallets
Select a wallet to accept donation in ETH BNB BUSD etc..