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VOL. 37 | NO. 22 | Friday, May 31, 2013




US factory orders up 1 percent in April

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WASHINGTON (AP) — Orders to U.S. factories rose modestly in April as manufacturers rebounded from a weak March performance.

The Commerce Department says factory orders rose 1 percent in April compared with March when orders had dropped a sharp 4.7 percent. The big swing reflected volatility in commercial aircraft orders, which were down sharply in March but surged 53.3 percent in April.

In a hopeful sign, orders in a category viewed as a proxy for business investment spending posted a moderate 1.2 percent rise following a 1.1 percent gain in March. This category had fallen 4.8 percent in February.

More spending by businesses could ease fears that manufacturing will be a drag on the economy later this year.

April's increase pushed orders to $474 billion, 1.7 percent higher than a year ago.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0