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January 2015 Manufacturing New Orders Again Decline. Rolling Averages Remain in Contraction. Data Looks Very Soft.
Thursday, March 5, 2015 8:57
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Written by Steven Hansen
US Census says manufacturing new orders declined. Our analysis agrees. The data has been soft for a half a year. Consider that this data is noisy – and the rolling averages (which include transport) are decelerating – and are in contraction territory to boot. Unfilled orders are shrinking (year-over-year unadjusted). Most components soft.
Source: http://econintersect.com/pages/releases/release.php?post=201503052103
