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USA: +1.6% industrial orders in March

(CercleFinance.com) - Following a 1.
2% increase in February (revised from an initial estimate of +1.4%), US industrial orders rose by a further 1.6% in March 2024, according to the Commerce Department.

US industrial shipments rose by 0.3% in March compared with the previous month. With inventories virtually unchanged, the inventory-to-delivery ratio remained unchanged at 1.47 month-on-month.

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