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U.S. factory orders unchanged in February

Christian Fernsby |
Factory Ooders in the U.S. was virtually unchanged at $497.4 billion in February, the US Census Bureau reported on Thursday.

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Topics: U.S.   

This reading following a 0.5% decline in January and came in worse than the market expectation for an increase of 0.2%.

Shipments, down two consecutive months, decreased $0.8 billion or 0.2% to $500.3 billion, the publication read.

Unfilled orders, up four of the last five months, increased $1.4 billion to $1,158.6 billion.

The unfilled orders-to-shipments ratio was 6.61, down from 6.62 in January.

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