July 5 (Bloomberg) -- Factory orders in the U.S. rose more than forecast in May, led by demand for business equipment that may keep the economy from slowing too much.
Orders placed with factories increased 0.7 percent during the month after a 2 percent decline in April, the Commerce Department said today in Washington. Excluding aircraft and other transportation equipment, bookings rose 1.2 percent.
Orders placed with factories increased 0.7 percent during the month after a 2 percent decline in April, the Commerce Department said today in Washington. Excluding aircraft and other transportation equipment, bookings rose 1.2 percent.