Reply To: U.S. Manufacturing Contraction Deepens, ISM PMI Approaches Pandemic Levels in March

04 Apr '23 at 8:51 am #56167
TradersCom
Keymaster

Factory orders fell 0.7% m/m in February (exp -0.5%) following downwardly revised 2.1% decline (from -1.6%) in January. Shipments of manufactured goods fell 0.5% m/m after increasing 0.3% in January
Fits yesterday’s March ISM #Manufacturing fifth sub-50%