Investing.com - New orders for U.S.-made goods declined in April, following four consecutive monthly increases, according to official figures released on Monday.
Factory orders fell 0.2%, the Commerce Department said, in line with economists’ forecasts after an upwardly revised 1.0% increase in March.
The report also showed that orders for non-defense capital goods excluding aircraft, widely viewed as a measure of business confidence and spending plans, increased 0.1%, following an upwardly revised increase of 0.2% the previous month.
Immediately after the report, which was released simultaneously with the ISM non-manufacturing PMI, the US dollar index, which tracks the greenback against a basket of six other major currencies, was at 96.78 from around 96.86 earlier.