31 August 2012, 18:29 USA: Factory orders up 2.8%
Factory orders rose more than expected in July, according to new government statistics released Friday. With the advance, the figure rebounded from a decline in the previous month.
The U.S. Department of Commerce revealed that factory orders rose by 2.8 in July. This followed a decline of 0.5 percent in the previous month.
Economists had expected factory orders to rise by 2.0 percent.
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