Global Economic News

U.S. Factory Orders Jump Much More Than Expected In January

Partly reflecting a spike in orders for transportation equipment, the Commerce Department released a report on Thursday showing new orders for U.S. manufactured goods jumped much more than expected in the month of January.

The report showed factory orders surged up by 1.4 percent in January following a revised 0.7 percent increase in December.

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by RTTNews Staff Writer

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