via Zerohedge:
After August’s contraction, Factory Orders in September were expected to accelerate their decline, but the 0.6% MoM drop was more than expected. This sent the year-over-year contraction in factory orders down to -3.5% – the worst since July 2016…
Source: Bloomberg
Additionally the final durable goods orders print for September worsened, dropping 1.2% MoM and down 4.0% YoY…