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“We’re Gonna Need More War” – November Factory Orders Plunge Most Since August 2014 Despite Defense Spike

Friday, January 6, 2017 10:30
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(Before It's News)

Following October's pre-election surge in new factory orders, November saw orders plunge 2.4% MoM (worse than expected) and the biggest drop since Aug 2014. This drop comes despite a 103% MoM rise in defense aircraft orders as non-defense aircraft orders crashed 73.8%. Factory Orders also dipped back into negative territory YoY.

An ugly drop in factory orders in November…

And Year-over-year, Factory Orders declined for the 23rd month of the last 25…

It appears we are going to need more war to keep this dream alive…

Does this look like a healthy economy being handed to Trump?



Source: http://silveristhenew.com/2017/01/06/were-gonna-need-more-war-november-factory-orders-plunge-most-since-august-2014-despite-defense-spike/

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