New orders for U.S. manufactured goods spiked by more than expected in the month of March, according to a report released by the Commerce Department on Tuesday.The report showed factory orders surged by 2.2 percent in March following a revised 0.1 percent uptick in February.Economists had expected factory orders to jump by 1.1 percent compared to the 0.5 percent drop originally reported for the pr...
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.