Due to a sharp drop in commercial aircraft orders, factory orders in the United States fell by 4.8% month-on-month in June.
According to the Securities Times APP, data released by the US Commerce Department's Census Bureau shows that due to a significant decrease in orders for commercial aircraft, new orders for US manufacturing in June fell sharply by 4.8% month-on-month, reversing the strong rebound in May caused by the surge in aircraft orders.
Latest