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Market Update : 
Factory Orders Rise 0.6% in May
Author: 123jump.com Staff
123jump.com
Last Update: 10:20 AM EDT July 02 2008



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New orders for manufactured goods in May, up three consecutive months, increased $2.8 billion or 0.6% to $448.7 billion, the U.S. Census Bureau reported today. This was at the highest level since the series was first stated on a NAICS basis in 1992 and followed a 1.3% April increase.

 

 

 

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