Wednesday, May 2, 2007

March factory orders rise surprising 3.1 pct

(Reuters) - Aside from transportation orders, factory orders rose 1.9 percent after being unchanged in February. February orders excluding transportation were first reported as a 0.4 percent decline.

Orders for durable goods, items meant to least three years or longer, also rose a bigger-than-expected 3.7 percent in March. Analysts were expecting durables orders to gain 3.3 percent.


Read more at Reuters.com Business News

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