Factory Orders Inch Up

Summary


WASHINGTON -- America's factories saw orders bounce back a bit in February, a sign that manufacturing is continuing to emerge from a three-year slump.

The Commerce Department reported Wednesday that orders placed with factories increased by a modest 0.3 percent last month, compared with a drop of 0.9 percent in January.

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Factory Orders Inch Up

Although February's rebound wasn't as strong as the 1.5 percent increase economists were forecasting, it was still encouraging that factory orders m...

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