US factory orders beat expectations in August
newscatcher
2023-10-05 02:31
US factory orders beat expectations in August
FILE PHOTO: Autonomous robots assemble an X model SUV at the BMW manufacturing facility in Greer, South Carolina, U.S. November 4, 2019. REUTERS/Charles Mostoller/File Photo WASHINGTON  – New orders for U.S.-made goods increased more than expected in August and shipments accelerated, supporting views that economic growth strengthened in the third quarter. Factory orders rebounded 1.2 percent after falling 2.1 percent in July, the Commerce Department said on Wednesday. Economists polled by Reuters had forecast orders gaining 0.

https://business.inquirer.net/424903/us-factory-orders-beat-expectations-in-august

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