US factory orders goes up


Washington, Aug 3 (IANS): New orders for US-manufactured goods rose in June for the third straight month, boosted by orders for durable goods, according to the US Department of Commerce.

US factory orders increased by $7.6 billion, or 1.5 percent, to a seasonally-adjusted $496.7 billion in June, Xinhua reported.

This was the highest level since the report was first published in 1992, following a revised 3.0 percent May increase, said the department Friday.

New orders for durable goods, or big-ticket items expected to last at least three years such as computers, cars and machinery, jumped 3.9 percent to around $244.2 billion in June.

New orders for non-durable goods, including food, paper products, petroleum and coal products, edged down 0.6 percent to about $252.4 billion in June.

  

Top Stories


Leave a Comment

Title: US factory orders goes up



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.