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U.S. factory orders rise 0.9% in July after two months of declines

U.S. factory orders rose 0.9% in July to $663.6 billion, exceeding expectations, after two months of declines, the Census Bureau said Wednesday. Orders were $657.8 billion in June.

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By Dean SealU.S. factory orders rose in July, exceeding expectations after two months of declines, the Census Bureau said Wednesday.Orders from U.S. factories jumped 0.9% in July to $663.6 billion from $657.8 billion in June.

Economists polled by The Wall Street Journal were expecting a 0.7% increa…