• US factory orders data throttled lower in revisions

    Source: Buzz FX / 16 May 2025 11:35:32   America/New_York


    - March factory orders revised to +3.4% from +4.3%
    - Ex transport to -0.4% from -0.2%
    - Nondefense capital goods orders ex air -0.2% vs +0.1%
    The amount of times this report is revised is dizzying but this will be a drag on Q1 GDP when it's
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