WTF Chart Of The Day – Factory Orders Collapse To Longest Streak In US History

Tuesday, July 5, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
Jul 5, 2016

For the 19th month in a row, US Factory Orders decline YoY (-1.2% for May) with a 1% drop MoM. Simply put, in 60 years of historical data, the US economy has never, ever suffered a 19 month stretch of consecutive annual declines… and yet we are supposed to believe there is no recession?

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