Latest news with #factoryorders
Bloomberg
06-08-2025
- Business
- Bloomberg
German Factory Orders Fell Unexpectedly Amid Pre-Trade-Deal Flux
German factory orders unexpectedly declined for a second month in June, when the results of a European-US trade deal were still far from clear. New business fell 1% from May, compared to an estimate for a 1.1% gain. The statistics office sharply revised the previous month's result, which now shows only a 0.8% drop, pointing to a late-arriving major order in the transport sector.
Yahoo
04-08-2025
- Business
- Yahoo
US Factory Orders Decline by 4.8%
US factory orders fell by 4.8% in June, as expected in a survey compiled by Bloomberg. Mike McKee reports on "Bloomberg Open Interest."
Wall Street Journal
04-08-2025
- Business
- Wall Street Journal
U.S. Factory Orders Declined in June
Orders from U.S. factories fell in June, declining for two of the last three months, the Commerce Department said Monday. New orders contracted 4.8% month over month to $611.7 billion in June. Excluding transportation, orders rose 0.4%. Excluding defense, there was a 4.7% decline.
Yahoo
04-08-2025
- Business
- Yahoo
US factory orders fall sharply in June on aircraft orders drop
(Reuters) -New orders for U.S.-manufactured goods fell in June as commercial aircraft orders plunged, reversing the surge in plane orders that had driven the overall upswing in orders in the prior month. Factory orders tumbled 4.8% after an upwardly revised 8.3% increase in May, the Commerce Department's Census Bureau said on Monday. Economists polled by Reuters had forecast factory orders would decline 4.8% after a previously reported 8.2% jump in May. Orders were up 3.8% on a year-over-year basis in June. Manufacturing, which accounts for 10.2% of the economy, remains constrained by President Donald Trump's aggressive tariffs on imported goods. An Institute for Supply Management survey on Friday showed its measure of U.S. factory activity skidded to a nine-month low in July. Trump sees the tariffs as a tool to raise revenue to offset his promised tax cuts and to revive a long-declining industrial base, a feat that economists argued was impossible in the short term because of labor shortages and other structural issues. Sign in to access your portfolio
Bloomberg
04-08-2025
- Business
- Bloomberg
US Factory Orders Decline by 4.8%
Open Interest US factory orders fell by 4.8% in June, as expected in a survey compiled by Bloomberg. Mike McKee reports on "Bloomberg Open Interest." (Source: Bloomberg)
