In a Surprise, Goods Orders Rose in April
Wednesday, 04 June 2008 10:44

Orders for manufactured goods posted a surprisingly strong increase in April as demand rose across a number of industries.

The Commerce Department report on Tuesday said that orders were up 1.1% in April after a 1.5% increase in March. Orders fell in January and March as a spreading slowdown in the overall economy depressed manufacturing activity.

Source: AP

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