expectations

May Factory Orders: -0.5% to $583.1B vs. +0.2% consensus and +0.4% in April (revised down from +0.7%). Factory orders excluding transportation also fell –0.7%, compared with the 0.3% consensus and the 0.5% rise in the prior month, which was revised from +0.7%. Unfilled orders, up forty-six consecutive months, increased $3.1BContinue Reading

Makhbubakhon Ismatova U.S. consumers lowered their inflation expectations for the year ahead, but maintained their inflation expectations at the five-year horizon, The University of Michigan said Friday in its Surveys of Consumers report. Year-ahead implied inflation: +3.0% vs. +3.3% initial print and +3.3% in May. Five-year implied inflation: +3.0% vs.Continue Reading