- The previous rate was +31.2
This is quite a drop from 31.2 but that looks like it was a big outlier, possibly related to the election. The good news for the Fed here is that price signals are declining and the bad news is that new orders are at a six-month low.
Another notable increase is in inventories, which rose at the fastest pace since early 2023 and the volume of future inventory is at its highest level since early 2022; both tend to stockpile ahead of potential tariffs.
Current conditions:
Signs looking ahead for six months:
This article was written by Adam Button at www.forexlive.com.
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