“It’s A Recession(Depression) Stupid” – US Factory Orders Tumble For 15th Month In A Row

Thursday, March 3, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
03/03/2016

In 60 years, the US economy has not suffered a 15-month continuous YoY drop in Factory orders without being in recession. Today’s -1.9% YoY drop may suggest the slide is decelerating, but off the weakness in December (-2.9% MoM), January’s bounce +1.6% MoM missed expectations (+2.1%) notably (and Ex-Trans decline MoM).

The Rest…HERE

Leave a Reply

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter