Loading…
Wednesday, October 01, 2014
Current Weather
Loading Current Weather....
Published: Saturday, 8/3/2013 - Updated: 1 year ago

Business Brief

U.S. factory orders hit record high in June

WASHINGTON — Orders placed with U.S. factories rose to a record high in June, boosted by strong demand for airplanes, machinery, and autos.

Factory orders rose 1.5 percent in June compared with May, when orders had risen 3 percent, the Commerce Department reported Friday. The gains pushed total orders to a record $496.7 billion. It was the second straight month that factory orders have been at an all-time high, surpassing the previous record set in June, 2008.



Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.

Related stories