Thu, 03 Apr 2014 09:19:04 GMT
U.S. factory new orders rebound in February
Manufacturing new orders in the world's largest economy rebounded surprisingly in February following a series of drops in the previous months, a report released by the Commerce Department showed on Thursday. According to the report, the U.S. new orders in a factory sector gained 1.6% in February after slipping by 1.0% and 2.0% in January and December respectively.