US factory orders spike slightly less than expected in March

NAMPA / DPA

2025-05-02

Washington (dpa-AFX) - The US Commerce Department released a report on Friday showing a sharp increase by new orders for manufactured goods in the month of March. The report said factory orders spiked by 4.3% in March after rising by a downwardly revised 0.5% in February. However, economists had expected factory orders to surge by 4.5% compared to the 0.6% increase originally reported for the previous month. The substantial increase in factory or......

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