U.S. factory orders rose 1.7% in May, after a revised 0.1% decline in the prior month, the Commerce Department said Friday. The increase was in line with expectations. Factory orders have risen in 12 of the last 13 months.
Durable goods orders rose 2.3% in May, unrevised from last week’s initial estimate. Durable goods orders fell 0.7% in the prior month, the only decline in the last 13 months. Transportation orders led the increase.
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July 02, 2021 at 09:10PM
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U.S. factory orders rebound in May - MarketWatch
"Factory" - Google News
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