May Factory Orders 2.1% vs 2% Expected

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Go back to May Factory Orders 2.1% vs 2% Expected

U.S. Factory Orders Rose 2.1% in May, Topping Views; New Orders Up 0.6%

July 2, 2013 10:21 AM EDT

U.S. factory orders rose by more than expected in May, showing some stabilization in the segment following government spending cuts and slowing global demand earlier in the year.

The U.S. Commerce Department today said that orders for manufactured goods rose 2.1 percent in May to $485 billion, from a... More

U.S. Factory Orders Rose 2.1% in May, Topping Views; New Orders Up 0.6%

July 2, 2013 10:21 AM EDT

U.S. factory orders rose by more than expected in May, showing some stabilization in the segment following government spending cuts and slowing global demand earlier in the year.

The U.S. Commerce Department today said that orders for manufactured goods rose 2.1 percent in May to $485 billion, from a... More