Factory orders up by 0.7 percent in May
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Orders to U.S. factories for manufactured goods rebounded in May following a big decline in the previous month as strengthened demand for petroleum and chemicals offset weakness in commercial aircraft and autos.
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Factory orders fell less than predicted in May, reinforcing forecasts that manufacturing will help overcome the housing slump.
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July factory orders rose the most in four months, exceeding forecasts, and productivity gains slowed last quarter, two government reports released yesterday showed.
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A steady rise in food and energy costs pushed overall U.S. consumer prices up 0.7 percent in May, the sharpest rise in 1-1/2 years, a government report showed on Friday.
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Booming orders for new military  aircraft boosted overall orders to U.S. factories by 0.5  percent to a seasonally adjusted $371.51 billion in October,  the government reported on Thursday, though demand was flat  when defense was excluded.
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Retail sales in May rose at the strongest pace since January 2006, while import prices surged, adding to recent data suggesting the U.S. economy is recovering strongly from a first-quarter slowdown.
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New orders for long-lasting  U.S.-made goods rose 0.6 percent last month even as demand for  aircraft plunged, according to an unexpectedly strong report  that underscored a rebound in the factory sector.
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WASHINGTON Aug. 25, 2004 - America&#39;s factories saw orders for costly manufactured goods in July post the biggest gain in four months, an encouraging sign that the economy is emerging from an early summer funk.
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US manufacturing probably expanded in October for the 17th month in a row as orders increased, suggesting demand for factory goods may help underpin economic growth, economists said in advance of today&#39;s industry report.
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Orders placed with American factories rose less than forecast in April, while gains in capital-goods spending might presage stronger business investment.
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NEW YORK -- The nation's manufacturing sector extended its growth streak to a fourth consecutive month in May, overcoming worries about inflation, soaring gas prices and the economy's slowing growth, a research group said Friday.
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Orders to U.S. factories for big-ticket manufactured goods posted a moderate increase in April, helped by a continued rebound in business investment.
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New orders at U.S. factories rose a  less-than-expected 2.3 percent in December, the steepest gain  since July, on strong aircraft sales, a government report  showed on Monday.
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U.S. manufacturing grew a bit more rapidly in May as factory managers restocked depleted inventories, according to a survey published on Friday.
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Booming orders for new military  aircraft boosted overall orders to U.S. factories by 0.5  percent to a seasonally adjusted $371.51 billion in October,  the Commerce Department said on Thursday, though demand was  flat when defense was excluded.
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Orders at U.S. factories rose 0.5  percent in October as demand for military equipment surged, the  Commerce Department said on Thursday, but orders were flat when  defense was excluded.
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Business activity in the U.S. Midwest  expanded at a faster rate than expected in May, with new orders  and hiring bouncing back from weak April levels.