Thursday, June 02, 2005
U.S. factory orders rise 0.9% in April
Investor's Business Daily
U.S.-made factory goods increased 0.9% in April, the sharpest gain in five months, the Commerce Department reported Thursday.
Shipments of factory goods increased 0.7%, while inventories rose 0.1%. The inventory-to-shipment ratio fell to 1.24 from 1.25 in March.
U.S.-made factory goods increased 0.9% in April, the sharpest gain in five months, the Commerce Department reported Thursday.
Shipments of factory goods increased 0.7%, while inventories rose 0.1%. The inventory-to-shipment ratio fell to 1.24 from 1.25 in March.
