While the revision was more positive than most analysts anticipated, the report still underlines a relatively weak start to the year.
China’s exports remain robust as demand in U.S. and European markets improves, helping to boost economic sentiment.
The broad slowdown in equipment orders and shipments raises the risk that business investment will provide less of a boost than anticipated to the economic rebound this quarter.
The positive readings from a Confederation of British Industry survey come in the week the U.K. began its formal exit talks with the European Union.
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It was the first decline in cutting-tool consumption since November 2016.