US factory orders for February 2021
– Factory orders -0.8% versus -0.5% estimate. Prior month 2.7% versus 2.6% previously reported
– Factory orders ex transportation -0.6% versus -1.1%. Prior month 1.8% versus 1.7% previously reported
The decline in factory orders for February was the first negative since April 2020. The durable goods decline of -1.2% was also the first negative
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