Global Economic News

U.S. Factory Orders Jump More Than Expected In June

Partly reflecting a sharp increase in orders for non-durable goods, the Commerce Department released a report on Tuesday showing new orders for U.S. manufactured goods jumped more than expected in the month of June.

The Commerce Department said factory orders shot up by 1.5 percent in June after surging by an upwardly revised 2.3 percent in May.

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by RTTNews Staff Writer

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