Factory orders marked promising gains in March
The U.S. Commerce Department said today that orders for manufactured goods spiked in March, RTTNews reported. Factory orders increased 2.1 percent in March following a revised 0.1 percent decrease in February. Orders for durable goods rose 4.4 percent in March after falling by 1.4 percent in February, while orders for transportation equipment jumped 13.5 percent in March after dropping by 1.4 percent the previous month.
Trending News
