(Reuters) - Analysts polled by Reuters were expecting factory orders to rise 0.7 percent. March orders were revised up to show a 4.1 percent gain from the previously reported 3.1 percent.
"It's a smaller-than-expected increase, but it doesn't change the improvement in the manufacturing picture this spring," said Stuart Hoffman, chief economist at PNC Financial Services in Pittsburgh.
Read more at Reuters.com Economic News
"It's a smaller-than-expected increase, but it doesn't change the improvement in the manufacturing picture this spring," said Stuart Hoffman, chief economist at PNC Financial Services in Pittsburgh.
Read more at Reuters.com Economic News
No comments:
Post a Comment