The US factory orders fell 0.6% in April, worsening the 0.2% decline expected by the markets. This is the largest drop recorded by the indicator since April 2020.
The March result has been revised upwards, rising to 1.4% from the 1.1% published the previous month. In the last twelve months, orders have only dropped twice, in February and April 2021.
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
