U.S. factory orders fell 0,6% to $465,98 billion in April. This is the lowest level in the last year and a half. Analysts had expected a rise of 0,1%.
The March figure – the Washington Commerce Department announced – was revised downwards by 2,1%, from an initially estimated decrease of 1,5%.
Orders for durable goods, ie products expected to last at least three years, remained stable in April, while those for non-durable goods fell by 1,1%.