Tag: solidly

US factory orders increase solidly in February

WASHINGTON (Reuters) – New orders for U.S.-manufactured goods rebounded more than expected in February, boosted by demand for machinery and commercial aircraft as manufacturing regains its footing. Factory orders increased 1.4% after dropping 3.8% in January, the Commerce Department’s Census Bureau said on Tuesday. Economists polled by Reuters had forecast orders rebounding 1.0%. They rose […]