The U.S. Commerce Department released factory orders data on Friday. Factory orders in the U.S. climbed 1.9% in April, in line with expectations, after a 1.7% rise in March. March’s figure was revised up from a 1.1% increase.
Durable goods orders were up 0.5% in April, while non-durable goods orders rose 0.4%.
Orders for transportation equipment jumped 1.1% in April.
Factory orders excluding transportation increased 0.5% in April, after a 1.0% rise in March.
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