New orders for U.S. manufactured goods showed a significant increase in the month of May, according to a report released by the Commerce Department on Friday.
The Commerce Department said factory orders surged up by 1.7 percent in May after edging down by a revised 0.1 percent in April.
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Business News
April 10, 2026 16:21 ET Inflation data from the U.S. was the main data event this week as the conflict in the Middle East continue. The minutes of the latest Fed policy session and the survey data on the services sector also made headlines. In Europe, manufacturing orders data from Germany was in focus. Price data from China drew attention in Asia.