{"id":30709,"date":"2020-07-02T19:15:43","date_gmt":"2020-07-02T15:15:43","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=30709"},"modified":"2020-07-02T19:15:44","modified_gmt":"2020-07-02T15:15:44","slug":"new-us-factory-orders-up-8-in-may","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/new-us-factory-orders-up-8-in-may\/07\/02\/market-updates\/","title":{"rendered":"New US Factory Orders Up 8% in May"},"content":{"rendered":"\n<p>New factory orders in the United States increased during May on a monthly basis by 8%, according to data by the US Commerce Department.<\/p>\n\n\n\n<p>This shows a sign of recovery, after orders for US-manufactured goods decreased by 13.5% in April, despite coming below the market expectations consensus of an 8.9% increase.<\/p>\n\n\n\n<p>On an annual basis, factory orders decreased by 10.3%.<\/p>\n\n\n\n<p>Yesterday, the purchasing managers\u2019 index (PMI) for the manufacturing sector in the United States reached 52.6 in June, after recording 43.1 in May.<\/p>\n\n\n\n<p>Last month, the ISM index for new orders stood at 56.4, as shown by the data of the Institute for Supply Management (ISM).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New factory orders in the United States increased during May on a monthly basis by 8%, according to data by the US Commerce Department. This shows a sign of recovery, after orders for US-manufactured goods decreased by 13.5% in April, despite coming below the market expectations consensus of an 8.9% increase. On an annual basis, &hellip;<\/p>\n","protected":false},"author":10,"featured_media":30710,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4707,37,36],"tags":[6898,6838,6858,6871],"class_list":["post-30709","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-breaking-news","category-forex-markets","category-market-updates","tag-factory-orders","tag-manufacturing","tag-us-economy","tag-usd"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/30709","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=30709"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/30709\/revisions"}],"predecessor-version":[{"id":30711,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/30709\/revisions\/30711"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/30710"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=30709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=30709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=30709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}