Factory Orders Slide 2nd Month In A Row (Did It Snow In September?)

Factory orders in September printed a drop of 0.6% MoM following August’s 10.0% revised tumble off the spurious spending in July. This is the first 2-month-in-a-row drop in factory orders since January – amid the economy-crushing polar vortex.

Did it snow in Septmeber?

 

Charts: Bloomberg




via Zero Hedge http://ift.tt/1tEa0ir Tyler Durden

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