USA, industry orders below expectations in July

USA industry orders below expectations in July

(Finance) – The orders of the American industry slip by surprise. According to Department of Commerce of the Bureau of the Census, in July 2022 orders showed a decrease of 1%, against the + 0.2% estimated by the consensus and against the + 1.8% recorded in the previous month (revised data from + 2%) .

Excluding the transport sectororders fell by 1.1% from the previous + 1% (revised figure from + 1%).

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