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Factory Orders Better Than Expected in May

July 3, 2012 @ 10:19 AM EST

by The "State" Team

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Economic Update: US Factory Orders

Factory Orders for the month of May rose by +0.7%, which was above the consensus for a gain of +0.2%.

Looking back, the April number was revised down to -0.7% from -0.6% (March: -2.1%, February: +1.3%, January: -1.1%)

 

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