December Factory Orders Expand 0.2% Beating Expectations

kawasaki factory

Photo: Kabacchi via Flickr

Headline: 0.2% growthExpectations: 0.5% contraction

Analysis: Another positive number today. Adding that to the ISM non-manufacturing number, and the jobless claims data, and we have a strong tail wind heading into tomorrow’s Employment Situation report.

Markets remain down, however.

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