- Factory orders fell 8.0% year-on-year in April.
- The sector remains hobbled by supply chain disruptions following business closures around the globe to slow the spread of COVID-19.
- Unfilled orders at factories dropped 1.6% in April after falling 2.1% in March.
- Inventories at factories slipped 0.4%.
- Shipments of manufactured goods plummeted 13.5%.
- Transportation equipment orders collapsed 48.3% in April after plunging 43.2% in the prior month.
- There were no civilian aircraft orders.
- Bookings for motor vehicles and parts tumbled 29.3%.
- Machinery orders fell 7.2% in April.
- Orders for electrical equipment, appliances and components declined 9.0%.