Aircraft surge fuels July rebound in U.S. factory orders
TL;DR Summary
U.S. factory orders rose 0.9% in July, beating expectations of 0.6%, led by a 12.7% jump in civilian aircraft orders; computers and electronics orders fell 1.1%, non-defence capital goods excluding aircraft were flat, but shipments of core capital goods rose 1.2% on AI-related investment, with orders up 6.5% from a year earlier.
- U.S. factory orders rise more than expected in July Traders Union
- U.S. Factory Orders Rebound More Than Expected in July on Strong Nondefense Aircraft Orders Haver Analytics
- 2 Funds to Boost Your Portfolio on Solid Jump in Durable Goods Orders zacks.com
- MORE U.S. JULY FACTORY ORDERS: UNFILLED ORDERS-TO-SHIPMENTS RATIO 6.81 VS 6.84 IN JUNE TradingView
- 4 Industrial Stocks to Grab on Robust Jump in Durable Goods Orders Yahoo Finance
Reading Insights
Total Reads
0
Unique Readers
12
Time Saved
8 min
vs 9 min read
Condensed
97%
1,605 → 52 words
Want the full story? Read the original article
Read on Traders Union