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U.S. factory orders rises 2.1% in March | 04.05.2015


The U.S. Commerce Department released factory orders data on Monday. Factory orders in the U.S. rose 2.1% in March, exceeding expectations for a 2.0% increase, after a 0.1% decline in February. It was the largest increase since August 2014.



February's figure was revised down from a 0.2% rise.



The increase was driven by higher orders for durable goods. Durable goods orders jumped by 4.4% in March



Non-durable goods orders fell 0.3% in March.

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