U.S. Factory Orders During February 2022
The U.S. Census Bureau this morning released their report on Manufacturers' Shipments, Inventories and Orders -- also known as Factory Orders -- for February 2022:
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Predicted: -0.3%
- Actual: -0.5% (-$2,724,000,000)
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- February 2022 New Orders: $541,993,000,000.
- January 2022 New Orders: $544,717,000,000.
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The yellow-highlighted percentage is the month-to-month change in orders for both durable and nondurable goods made by U.S. manufacturers. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.
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Labels: Coronavirus, COVID_19, COVID-19, COVID19, Durable_Goods, Economy, factory_orders, Goods, hard_data, manufacturing, new_orders, Pandemic
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