Orders to U.S. Factories Rose in June Pointing to Growth Pickup From bloomberg Read Full Story at bloomberg Orders placed with U.S. factories rose in June, pointing to further stabilization in manufacturing that may help lift second-half growth. The 1.5 percent gain in bookings followed a revised 3 percent advance the prior month that was larger than initially reported, the Commerce Department said today in Washington. The median forecast of 60 economists in a Bloomberg survey called for a 2.3 percent increase. Demand for durable goods, those meant to last at least three years, rose 3.9 percent, down from figures reported last week. Higher sales of automobiles and sustained demand in the housing industry, even .
Posted on: Fri, 02 Aug 2013 14:05:39 +0000
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