US factory orders rose in February for first time since July

April 2, 2015 2:32 PM

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Orders to U.S. factories rose in February, breaking a six-month losing streak.

Factory orders rose 0.2 percent in February, which was the first increase since July, the Commerce Department reported Thursday. The climb was a welcome development for manufacturers struggling with disappointing economic growth in major trading partners like China, Europe and Japan. A stronger U.S....

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