• U.S. factory orders climb 1.9% in April

Market news

3 June 2016

U.S. factory orders climb 1.9% in April

The U.S. Commerce Department released factory orders data on Friday. Factory orders in the U.S. climbed 1.9% in April, in line with expectations, after a 1.7% rise in March. March's figure was revised up from a 1.1% increase.

Durable goods orders were up 0.5% in April, while non-durable goods orders rose 0.4%.

Orders for transportation equipment jumped 1.1% in April.

Factory orders excluding transportation increased 0.5% in April, after a 1.0% rise in March.

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