Factory orders, ISM non mfg, ECB news
The Center of the Universe » ECB 2023-01-15
Summary:
Yes, they were up, but there is a ‘seasonal’ aspect to it, including an air show, so the year over year chart is a bit more indicative of what’s going on and it’s still in negative territory. Also, vehicle orders declined, and inventories remained at levels that beg continuing production cuts. Factory Orders Highlights Factory […]
The post Factory orders, ISM non mfg, ECB news appeared first on Mosler Economics / Modern Monetary Theory.