- US: Factory Orders rise 1.6% MoM in November versus 1.5% expected gain
Market news
6 January 2022
US: Factory Orders rise 1.6% MoM in November versus 1.5% expected gain
- US Factory Orders rose 1.6% in November, slightly above expected.
- There was no FX market reaction to the data.
According to US Census Bureau data, US Factory Order rose by 1.6% MoM in November. That was slightly above the expected 1.5% gain and marked an acceleration on the 1.2% MoM gain seen back in October (which was revised up from 1.0%). Excluding transportation, orders were up 0.8% on the month, though this marked a deceleration from last month's MoM growth rate of 1.5% (which was revised down from 1.6%.
Market Reaction
There was no FX market reaction to the latest factory orders figures.
Market Focus
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