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Factory orders rose stronger than expected

Factory orders in the United States increased by 1.9 percent in March compared to a month earlier. The US Department of Commerce announced this.

Economists generally expected an increase of 1.5 percent. In February, factory orders decreased by a revised 0.3 percent. Furthermore, based on a definitive figure, it was reported that orders for durable goods rose by 2.6 percent in March. An increase of 2.7 percent was reported based on a preliminary estimate.

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