Factory orders rise more than expected in May, post largest increase in 11 monthsWASHINGTON — Orders to U.S. factories jumped in May by the largest amount in nearly a year, another sign that the nosedive in manufacturing is nearing an end. Factory orders up for second time in 3 months in April; hopeful sign for manufacturing sectorWASHINGTON — Orders to U.S. factories rose 0.7 percent in April, the second increase in three months and further evidence that manufacturers may be recovering. Factory orders tumble larger-than-expected 0.9 percent in March with shipments also downWASHINGTON — Orders to U.S. factories fell a larger-than-expected 0.9 percent in March, while factory shipments dropped for a record eighth consecutive month. The report was further evidence of the severity of the recession. |