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Tags: factory | orders | economy | pandemic

Factory Orders Rise 6.4%, More Than Expected in Recovery From Pandemic

Factory Orders Rise 6.4%, More Than Expected in Recovery From Pandemic
(Iakov Filimonov/Dreamstime)

Wednesday, 02 September 2020 10:14 AM

New orders for U.S.-made goods increased more than expected in July as the manufacturing sector continues to steadily recover from the COVID-19 pandemic.

The Commerce Department said factory orders rose 6.4% after a similar gain in June. Economists polled by Reuters had forecast factory orders increasing 6.0% in July. 

© 2022 Thomson/Reuters. All rights reserved.


Economy
New orders for U.S.-made goods increased more than expected in July as the manufacturing sector continues to steadily recover from the COVID-19 pandemic.
factory, orders, economy, pandemic
49
2020-14-02
Wednesday, 02 September 2020 10:14 AM
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