Core US Factory Orders Surged In March To Best YoY Growth Since Nov 2022
Headline Factory Orders rose 1.5% MoM in March (dramatically better than the 0.6% MoM expected) – the best since November. February’s data was also revised higher. However, overall, orders were only up 2.1% YoY – the lowest since JUly 2025
Source: Bloomberg
Core Factory Orders surge 1.6% MoM (also better than the 1.3% MoM expected) and up for the 5th straight month. That dragged the YoY growth in core orders up 4.09% YoY – the best since Nov 2022…
Source: Bloomberg
Given the surge in ISM Manufacturing’s New Orders sub-component…
Source: Bloomberg
…there is a notable divergence between the ‘soft’ survey data and the ‘hard’ data.
Tyler Durden Mon, 05/04/2026 – 10:05
Source: https://freedombunker.com/2026/05/04/core-us-factory-orders-surged-in-march-to-best-yoy-growth-since-nov-2022/
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