USA: -0.5% industrial orders in May

(CercleFinance.com) - After rising by 0.
4% in April (revised from an initial estimate of +0.7%), US industrial orders contracted by 0.5% in May 2024, according to the Commerce Department.

US industrial shipments fell by 0.7% in May compared with the previous month. Finally, with inventories up 0.2%, the inventory-to-delivery ratio rose from 1.46 to 1.47 month-on-month.

Copyright (c) 2024 CercleFinance.com. All rights reserved.