US factory orders rise 0.9% in July, above 0.6% forecast
New orders for U.S. factory goods increased more than expected in July amid a rebound in aircraft demand. Factory orders rose 0.9% after a revised 0.2% June drop; Reuters economists expected a 0.6% rebound.
New orders for U.S. factory goods increased more than expected in July amid a rebound in demand for aircraft.Factory orders rose 0.9% after a revised 0.2% drop in June, the Commerce Department's Census Bureau said on Wednesday.
Economists polled had forecast orders would rebound 0.6% aft…