Not exact matches
Further
gains are likely after a report last week showed some stabilization in
factory activity in April after slowing for five straight months, as well as a solid rise in new
orders.
Factories reported the smallest
gains in both total goods
orders and export
orders for a year - and - a-half during April, the latter in part dampened by the recent strength of the euro, notably against the US dollar.
WASHINGTON (MNI)- The value of new
factory orders saw a 1.6 % increase in March, up seven of the last eight months, and rising higher than the 1.4 %
gain expected by analysts in an MNI survey, data released by the Commerce Department Thursday morning showed.
Additionally, new
orders for U.S.
factory goods posted a record
gain in July and auto sales last month accelerated to their highest level in 8-1/2 years, offering further bullish signals for the economy.