U.S. factory orders increase 1.8% in June

​WASHINGTON (MarketWatch) – Orders for goods produced in U.S. factories rose 1.8% in June, the Commerce Department said Tuesday. Economists surveyed by MarketWatch had expected orders to climb 2% after a revised 1.1% decline in the prior month. Orders for durable goods — products meant to last at least three years — advanced 3.4% in June. Orders for nondurable goods edged up 0.4%.

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From:: Stock Market News

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