Orders to US factories dropped by 1.7% in February, the Commerce Department reported on Monday.

Factory orders fell by more than the 1.6% decline expected following an equal increase in January.

Meanwhile, February durable-goods orders were revised down to -3% versus -2.8% initially estimated.

Orders to US factories dropped by 1.7% in February, the Commerce Department reported on Monday.

(Market News Provided by FXstreet)

By FXOpen