You are here

SUBSCRIBERS
LATEST US DATA

June factory orders rebound on strong demand for transportation equipment

New orders for manufactured goods increase 1.8% after declining 1.1% in May

Washington

NEW orders for US factory goods rebounded strongly in June on robust demand for transportation equipment and other goods, a hopeful sign for the struggling manufacturing sector.

The Commerce Department said on Tuesday new orders for manufactured goods increased 1.8 per...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes