US factory orders slump in April as spending on tariff anticipation fades

Orders tumble by 3.7 percent after a rise in March when businesses increased purchases in anticipation of tariffs.

Jun 4, 2025 - 01:00
US factory orders slump in April as spending on tariff anticipation fades
Orders tumble by 3.7 percent after a rise in March when businesses increased purchases in anticipation of tariffs.