Factory Orders in U.S. Decrease on Pullback in Aircraft
This article is for subscribers only.
Orders to U.S. factories decreased in March, restrained by a pullback in demand for aircraft that overshadowed gains elsewhere.
Bookings fell 1.5 percent after a revised 1.1 percent gain in February, figures from the Commerce Department showed today in Washington. The median projection of 61 economists in a Bloomberg News survey called for a 1.6 percent decline. Turbines and household appliances were among areas showing increases.