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Advance Report of Factory Order U.S

April 4, 2016 5:43 pm

In January 2016, factory orders increased by 1.6% and further more new orders excluding aircraft, or core capital goods orders was increased by 3.4%.

As per our analysis on sub components increased in orders we expect that this is the hint increase in capital spending GDP components and furthermore decline in durable goods so new orders and shipments drop more to its average level. We are expecting that today Factory Orders report may be decline or negative, but very little impact on the market.

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