Tuesday, 3 June 2014

U.S. factory orders climb 0.7% in April

 Orders for goods produced in U.S. factories rose 0.7% in April, the Commerce Department said Tuesday. Economists surveyed by MarketWatch had expected orders to rise 0.6%. Factory orders climbed by a revised 1.5% in March, compared with a prior estimate of 0.9%. Orders for durable goods -- products meant to last at least three years -- rose 0.6% in April. Orders for nondurable goods increased 0.7%. 

Source: Marketwatch

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