US Factory Orders Tumble In January - Sixth Straight Month Of YoY Contraction After a surprisingly large jump in December, US factory orders tumbled 0.5% MoM in January (considerably worse than the 0.1% drop expected). This left Factory Orders -0.8% YoY - the sixth straight month of contraction... Source: Bloomberg Additionally, core factory orders (es-transports) dropped 0.1% MoM And this was all before the coronavirus impacted the global economy... Tyler Durden Thu, 03/05/2020 - 10:05