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Friday, March 29, 2024

July Factory Orders Plunge To Weakest Since Feb (As Boeing Bounce Disappears)

Courtesy of ZeroHedge. View original post here.

Following the Boeing-driven spike, July is landing with a thud back to reality as final data today confirms a 3.3% MoM tumble in factory orders and 6.8% plunge in durable goods orders.

In fact, it gets worse as aggregate factory orders are now back at their lowest level since February…

As goes Boeing… so goes America? (or to put it another way, we’re gonna need moar war, baby).

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