Monday, June 8, 2015

TheStreet:The Reason You Should Worry About Falling Factory Orders Isn't What You Think

By SIMON CONSTABLE

NEW YORK (TheStreet) -- Look out, below: There's a worrying sign in the factory orders data, one that's also somewhat puzzling. 

When you chart the data, it looks even worse. Data reported by the St. Louis Federal Reserve Bank shows a dramatic downward trend in new factory orders for consumer goods over the past year. Consumer goods are items that you and I might buy like shoes or hats. It's not industrial machines or aircraft. 

Read more here.

No comments: