“We’re Gonna Need More War” – November Factory Orders Plunge Most Since August 2014 Despite Defense Spike

by Tyler Durden
ZeroHedge.com
Jan 6, 2017

Following October’s pre-election surge in new factory orders, November saw orders plunge 2.4% MoM (worse than expected) and the biggest drop since Aug 2014. This drop comes despite a 103% MoM rise in defense aircraft orders as non-defense aircraft orders crashed 73.8%. Factory Orders also dipped back into negative territory YoY.

An ugly drop in factory orders in November…

The Rest…HERE

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