Factory Orders Fall in May

Washington, DC, July 2, 2014 -- Factory orders fell 0.5% in May, largely because of fewer orders for military goods, the Commerce Department said.

Economists surveyed by MarketWatch had expected orders to drop 0.4%.

Excluding defense-related items, orders climbed 0.2%.

                                                                                                                                                                                                                                                                                                                                                                                                                     
Other Archived Articles