Factory orders rose 1.4% in July, for the second straight monthly gain, the Commerce Department said Thursday. The increase was led by volatile civilian...
Factory orders rose 1.4% in July, for the second straight monthly gain, the Commerce Department said Thursday. The increase was led by volatile civilian aircraft orders, primarily Boeing BA, +1.99% Economists polled by MarketWatch had expected a 1.2% increase. Orders in the prior month were revised to a 0.
5% gain from the prior estimate of 0.6%. Durable goods orders rose 2% in July, revised down slightly from last week's initial estimate of a 2.1% gain. Orders for nondurable goods rose 0.8%. Core factory orders, excluding defense goods and civilian aircraft, rose a revised 0.2% in July, down from the initial estimate of a 0.4% gain. Shipments of core goods fell 0.6% in July.
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