The drop in new orders was off an all-time high, while unfilled orders rose to an all-time high. Orders by major category. The headlines had a kind of shocking collapse-is-nigh quality: Manufacturing orders plunged “by the most since April 2020.”
The drop in new orders was off an all-time high, while unfilled orders rose to an all-time high. Orders by major category. The headlines had a kind of shocking collapse-is-nigh quality: Manufacturing orders plunged “by the most since April 2020.”