New orders from the US manufacturing industry fell 3.3% from the previous month in June, a drastic decrease exceeding expectations

2024/8/3 1:42 AM GMT+9 (some excerpts)

New manufacturing orders for June announced by the U.S. Department of Commerce on the 2nd decreased by 3.3% from the previous month. The rate of decline expanded from 0.5 percent in May, and fell in excess of the forecast of 2.9 percent. However, corporate capital investment was steady.
Orders for non-defense capital goods (core capital goods) excluding aircraft, which are indicators of corporate capital investment plans, increased by 0.9%. The previous announcement was a 1.0% increase.
Orders for non-defense capital goods fell by 22.5%. The previous announcement was a 22.4% decrease.