New Orders for U.S.-Manufactured Goods Rebound in February

US Factory Orders Rebound

New orders for U.S.-manufactured goods rebounded more than expected in February, boosted by demand for machinery and commercial aircraft as manufacturing regains its footing.

February Performance

Factory orders increased 1.4% after dropping 3.8% in January, according to the Commerce Department's Census Bureau. Manufacturing, accounting for 10.4% of the U.S. economy, has shown signs of improvement.