{"id":69088,"date":"2015-03-05T10:45:40","date_gmt":"2015-03-05T15:45:40","guid":{"rendered":"http:\/\/countingpips.com\/?p=69088"},"modified":"2015-03-05T12:25:12","modified_gmt":"2015-03-05T17:25:12","slug":"us-factory-orders-decline-for-sixth-consecutive-month-in-january","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/03\/us-factory-orders-decline-for-sixth-consecutive-month-in-january\/","title":{"rendered":"US Factory Orders Decline For Sixth Consecutive Month In January"},"content":{"rendered":"<div id=\"inves-3184164765\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">March 5, 2015<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>Article by\u00a0<a href=\"http:\/\/fxtimes.com\/\" target=\"_blank\">fxtimes.com<\/a><\/strong><\/p>\n<p>US factory orders declined unexpectedly in January, falling for a sixth consecutive month, underscoring firms\u2019 reluctance to invest in new business equipment amid a volatile global economy.<\/p>\n<p>New orders for factory goods declined 0.2 percent in January following December\u2019s 3.5 percent plunge that was also the biggest in nearly two years, the Commerce Department reported on Thursday. A median estimate of economists forecast a gain of 0.2 percent in January.<\/p>\n<p>Excluding transportation equipment, new orders fell 1.8 percent.<\/p>\n<p>Orders for non-defense capital goods excluding aircraft \u2013 a proxy for business investment \u2013 rose 0.5 percent in January instead of 0.6 percent reported last month.<\/p>\n<p>Shipments of\u00a0non-defense capital goods excluding aircraft, which is used to calculate gross domestic product,\u00a0were revised up to reflect a 0.1 percent gain instead of a 0.3 percent drop.<\/p><div id=\"inves-1685961312\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p>Manufacturing activity has waned over the last six months, hurt by volatile global markets and the near-halving of oil prices since June. This has caused energy companies to either delay or scrap all together capital expenditure plans.<\/p>\n<p>On Monday the Institute for Supply Management said manufacturing activity slowed in February to its lowest level in more than a year, as new export orders contracted for the first time in more than two years. ISM\u2019s manufacturing PMI fell to 52.9 in February from 53.5 in January.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Article by\u00a0<a href=\"http:\/\/fxtimes.com\/\" target=\"_blank\">fxtimes.com<\/a><\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article by\u00a0fxtimes.com US factory orders declined unexpectedly in January, falling for a sixth consecutive month, underscoring firms\u2019 reluctance to invest in new business equipment amid a volatile global economy. New orders for factory goods declined 0.2 percent in January following December\u2019s 3.5 percent plunge that was also the biggest in nearly two years, the Commerce [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-69088","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/69088","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=69088"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/69088\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=69088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=69088"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=69088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}